4 Job Order Cost Flow P3. On May 31, the inventory balances of Tog Designs, a manufacturer of high-quality children's clothing, were as follows: Materials Inventory, \$21,360; Work in Process Inventory, $15,112; and Finished Goods Inventory, $17,120. Job order cost cards for jobs in process as of June 30 had the following totals: The predetermined overhead rate is 130 percent of direct labor costs. Materials purchased and received in June were as follows. Direct labor costs for June were as follows. (Continued) Chapter 16: Costing Systems: Job Order Costing Direct materials requested by production during June were as follows. On June 30, Tog Designs sold on account finished goods with a cost of $183,000 for $320,000. REQUIRED 1. Using T accounts for Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Overhead, Accounts Receivable, Payroll Payable, Sales, and Cost of Goods Sold, reconstruct the transactions in June, including applying overhead to production. 2. Compute the cost of units completed during the month. 3. Determine the ending inventory balances. 4 Job Order Cost Flow P3. On May 31, the inventory balances of Tog Designs, a manufacturer of high-quality children's clothing, were as follows: Materials Inventory, \$21,360; Work in Process Inventory, $15,112; and Finished Goods Inventory, $17,120. Job order cost cards for jobs in process as of June 30 had the following totals: The predetermined overhead rate is 130 percent of direct labor costs. Materials purchased and received in June were as follows. Direct labor costs for June were as follows. (Continued) Chapter 16: Costing Systems: Job Order Costing Direct materials requested by production during June were as follows. On June 30, Tog Designs sold on account finished goods with a cost of $183,000 for $320,000. REQUIRED 1. Using T accounts for Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Overhead, Accounts Receivable, Payroll Payable, Sales, and Cost of Goods Sold, reconstruct the transactions in June, including applying overhead to production. 2. Compute the cost of units completed during the month. 3. Determine the ending inventory balances