The following additional information is available:a. Manufacturing overhead is a

The following additional information is available:a. Manufacturing overhead is applied to jobs on the basis of direct labor cost.b. Balances in the inventory accounts at May 31 were:Required:1. Prepare T-accounts for Raw Materials Work in Process Finished Goods and Manufacturing Overhead. Enter the May 31 balances given above; in the case of Work in Process compute the May 31 balance and enter it into the Work in Process T-account.2. Prepare journal entries for June as follows:a. Prepare an entry to record the issue of materials into production and post the entry to appropriate T-accounts. (In the case of direct materials it is not necessary to make a separate entry for each job.) Indirect materials used during June totaled RUR 3600.b. Prepare an entry to record the incurrence of labor cost and post the entry to appropriate T-accounts. (In the case of direct labor cost it is not necessary to make a separate entry for each job.) Indirect labor cost totaled RUR 7000 for June.c. Prepare an entry to record the incurrence of RUR 19400 in various actual manufacturing overhead costs for June. (Credit Accounts Payable.) Post this entry to the appropriate T-accounts.3. What apparent predetermined overhead rate does the company use to assign overhead cost to jobs? Using this rate prepare a journal entry to record the application of overhead cost to jobs for June (it is not necessary to make a separate entry for each job). Post this entry to appropriate T-accounts.4. As stated earlier Job 208 was completed during June. Prepare a journal entry to show the transfer of this job off of the production line and into the finished goods warehouse. Post the entry to appropriate T-accounts.5. Determine the balance at June 30 in the Work in Process inventory account. How much of this balance consists of costs charged to Job 209? To Job210?