The Hardback Plastics Corporation manufactures plastic parts for customers' orders and uses a normal job order cost system. Their accounting department collected the following cost data in connection with their production for the month of September 20X6

{Required:}
(1) Compute inventory of raw materials, September 30, \(20 \mathrm{X} 6\).
(2) Compute work-in-process on September 30, 20X6 (3) Determine cost of goods sold for September, 20X6. (Any under- or overapplied overhead is closed to cost of goods sold.)

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Beginning inventories, September 1, 20X6 Raw materials. Work-in-process. Finished goods. Costs for September: Purchases of raw materials. Raw materials placed in production... Direct labor costs (20,000 hours)...... Actual manufacturing overhead costs: Indirect labor.. Indirect materials and supplies. Factory insurance....... Factory property taxes... $15,000 16,500 52,000 Depreciation factory building and equipment. ..$ 63,000 70,000 80,000 16,000 5,000 1,000 1,500 2,500 Other factory overhead costs. 13,000 Predetermined overhead rate: $4.00 per direct labor hour Costs of work-in-process transferred to finished goods inventory... 170,000 Finished goods inventory, September 30, 20X6. 36,000 Selling expenses 65,000 Administrative expenses 52,000