I've already completed the journal entries and they're correct.

Exercise 7-24 (Algo) Assigning Costs to Jobs (LO 7-1, 2) Forest Components makes aircraft parts. The following transactions occurred in July. 1. Purchased $16,930 of materials on account. 2. Issued $16,790 in direct materials to the production department. 3. Issued $1,290 of supplies from the materials inventory. 4. Paid for the materials purchased in transaction (1) using cash. 5. Returned $2,040 of the materials issued to production in (2) to the materials inventory. 6. Direct labor employees earned $31,800, which was paid in cash. 7. Purchased miscellaneous items for the manufacturing plant for $17,340 on account. 8. Recognized depreciation on manufacturing plant of $36,900. 9. Applied manufacturing overhead for the month. Forest uses normal costing. It applies overhead on the basis of direct labor costs using an annual, predetermined rate. At the beginning of the year, management estimated that direct labor costs for the year would be $435,000. Estimated overhead for the year was $395,850. The following balances appeared in the inventory accounts of Forest Components for July. Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold Beginning Ending ? $12,480 ? 10,680 $2,780 7,000 ? 75,500 Required: a. Prepare journal entries to record these transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required A Required B Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Work-In-Process Inventory Beg. bal. Materials Inventory 11,590 16,930 Beg. bal. 1. 16,790 2. 2. 16,790 2,040 5. Transferred to Finished Goods 5. 2,040 1,290 3. 6. 31,800 9. 28,938 End. bal. 12,480 End. bal. 75,488 Manufacturing Overhead Control Applied Manufacturing Overhead Beg. bal. 0 Beg. bal. 0 3. 1,290 28,938 9. 7. 17,340 36,900 8. End. bal. 28,938 End. bal. 55,530 Accounts Payable Cash Beg. bal. 0 Beg. bal. 0 4. 16,930 16,930 1. 17,340 7. 16,930 4. 31,800 6. End. bal. 17,340 End. bal. 48,730 Accumulated DepreciationProperty, Plant, and Equipment Beg. bal. 0 Finished Goods Inventory 2,780 Beg. bal. 36,900 8. Goods completed Transfer to Cost of Goods Sold End. bal. 2,780 End. bal. 36,900 Cost of Goods Sold Beg. bal. 0 Goods completed End. bal. 0