Please help. Need step by step help. this is a test prep problem. I don't Understand.

Chapter 2 Frank's Customized Furniture uses a job order cost accounting system. Frank began operations this year. As of August 31, Frank's Customized Furniture has incurred the following costs: Direct Direct Direct Labor Hrs Job # Materials Labor Used $1,000 $2,000 500 $5,000 $4,000 700 $1,000 $500 $7,000 $6,500 100 Actual overhead costs were $10,000. The predetermined overhead rate is $1.10 per direct labor hour. During the year, Jobs 1 & 2 were completed. Job 3 was not completed as of August 31st. Also, Job 1 was sold for $7,000 total. The sale was on credit. a. Although there are other accumulating journal entries, I want you to demonstrate just this one. Record the journal entry to show $8,000 of raw materials purchased on account. b. Make the necessary journal entries to record direct materials, direct labor and manufacturing overhead assigned to the jobs started and to record the completion and sale of finished jobs. c. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Factory Overhead accounts. Calculate the amount of under/over applied overhead in the manufacturing overhead account and indicate whether it is under or over applied