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A serles of computer and backup system farlures caused the loss of most of the company records at Stotter, Incorporated. Information technology consultants for the

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A serles of computer and backup system farlures caused the loss of most of the company records at Stotter, Incorporated. Information technology consultants for the company could recover only a few fragments of the company's factory ledger for July as follows: Further investigation and reconstruction from other sources ylelded the following additional information: - Based on records for January through Jure, overhead is applied at the rate of $24 per direct labor-hour. - The production superintendent's cost sheets showed only one job in Work-in-Process Inventory on July 31 . Materlals of $15,420 had been added to the job, and 270 direct labor-hours had been expended at $30 per hour. - The employment deparment has verified that there are no variations in pay rates among direct-labor employees. - No indrect materlas were issued from inventory during the period. - The controller had just a located the underapplied overhead to Cost of Goods Sold. Finished Goods Inventory, and WorkIn-Process inventory. (This allocation is done monthly at Stotter, Incorporated and is based on account balances.) The controller remembers making the $1,800 entry in Finlshed Goods Inventory as a part of the allocation and that the total: underapolled overinead was \$12000. - Data used in a study on inventory levels at Stotter. Incorporated indicate that the finished goods inventory Increased by $17.000 in July Required: Determine the following amountes a. Work-im-process inventory. July 31, before a gcation of underapplled overhead. b. Cost of goods sold for July, before al ocation of underappled overhead. c. Direct materia s tisued from ifyentory durlig July

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