Only focus on A, B, C, and D under the REQUIRED label please.

3. Toner Industries had the following information available on January 1, 2018 Raw Materials Work in Process Finished Goods $27,450 $7,800 $19,200 The beginning work-in-process consisted of two jobs, AJ-10 $4,100 and AJ-11 $3,700. The beginning finished goods consisted of one job, AJ-6 S19,200. The following transactions took place during 2018: a. Raw materials costing $30,000 were purchased on account. b. Total factory labor charges accrued were $40,000. c. A summary of material requisitions and time tickets: Time Tickets Material Direct Labor Hours Job No. AJ-10 AJ-11 AJ-12 AJ-13 AJ-14 AJ-15 AJ-16 uisitions Cost S4,500 5,200 3,200 2,900 4.600 5,400 3.100 $28,900 8,100 Total 37.000 $4.400 5,000 3,600 3,500 2,300 5,200 2,800 1.340 $26,800 220 250 180 175 115 260 140 Indirect 13 $40,000 d. Other factory costs include: $30,000 depreciation, $8,000 expired insurance, S6,000 accrued property taxes, S7,700 miscellaneous costs paid in cash. e. Jobs AJ-10, AJ-11, AJ-12, AJ-13, and AJ-15 were completed. f. Jobs AJ-6,AJ-10, AJ-11, and AJ-15 were sold for S160,000 cash. Toner industries uses a normal costing system based on direct labor hours. The budget for overhead for 2018 was $70,000 and the budget for direct labor hours for 2018 was 1,400 hours. REQUIRED A. Complete the attached cost flow diagram and job order cost sheets. Be sure to B. C. D. enter the beginning balances of the inventory accounts and be sure to compute ending balances for all accounts. Prepare the necessary journal entries for the year 2018 in the attached general journal. Verify the ending balance of the work-in-process and finished goods inventories by reconciling the balances to the appropriate job cost sheets. Prepare gross profit) for the year 2018. a manufacturing statement and a partial income statement (through