please solve the following problem explaining each part. Make sure to show all the work and equation used to get the answer. Please completely solve the problem. Instructions: Make sure to solve both parts of the problem and show all work necesary to substantiate your answer. Make sure all parts of the problem are solved in the format provided.

Problem # $1-$ part a$)$ Using the information provided, post the transactions to the manufacturing accounts for Rayquaza

Company. For your convenience, beginning balances have been entered where applicable. Calculate

the ending balance for all accounts.

Raw Materials Inv.

Factory Wages

Manufacturing Overhead

Work in Process Inv.

Finished Goods Inv.

Additional Information:

$1.$ Raw materials purchases total $$195,000.$

$2.$ Factory payroll for the period totals $$575,000.$

$3.$ Other overhead costs total $$95,000$ for the period.

$4.$ Material requisitions show $$185,000$ for direct materials and $$5,000$ for indirect materials.

$5.$ Time tickets show $$530,000$ for direct labor costs.

$6.$ Overhead for the period is over$-$applied by $$5,700.$

$7.$ Ending inventory account balances are as follows:

Raw materials inventory $$27,000$

Work in process inventory $$19,300$

Finished goods inventory $$43,000$

Problem #$1-$ Part B

Meloetta Company manufactures Pok$$mon card playing tables for avid gamers. The tables go

through several departments including $-$cutting, assembly, and finishing. In each process,

materials are entered at the beginning, and conversion costs are incurred uniformly. Production

and cost data for the Cutting Department is presented below. Prepare the production cost report

for July. Round to whole dollars.