Analyze manufacturing accounts and determine missing amounts. P2.5A (LO 1, 2, 3, 4, 5), AN Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its you order cost accounting system for the first month of the new fiscal year. - Excel 16,850 Dec. 1 Beginning balance 31 Purchases Dec. 31 Ending balance Raw Materials Inventory (a) Dec. 31 Requisitions 17,225 7,975 Continuing Cases 2- Work in Process Inventory (b) Dec. 31 Jobs completed Dec. 1 31 31 31 Beginning balance Direct materials Direct labor Overhead 8,400 (d) Dec. 31 Ending balance (e) Dec. 1 31 Dec. 31 Beginning balance Completed jobs Ending balance Finished Goods Inventory (g) Dec. 31 Cost of goods sold (h) 6) Factory Labor Dec. 31 Factory wages 12,025 Dec. 31 Wages assigned (k) Manufacturing Overhead 2,900 Dec. 31 Overhead applied (m) Dec. 31 31 31 Indirect materials Indirect labor Other overhead 1,245 Other data: 1. On December 1, two jobs were in process: Job No. 154 and Job No. 155. These jobs had combined direct materials costs of $9,750 and direct labor costs of $15,000. Overhead was applied at a rate that was 75% of direct labor cost. 2. During December, Job Nos. 156, 157, and 158 were started. On December 31, Job No. 158 was unfinished. This job had charges for direct materials $3,800 and direct labor $4,800, plus manufac- turing overhead. All jobs, except for Job No. 158, were completed in December. 3. On December 1, Job No. 153 was in the finished goods warehouse. It had a total cost of $5,000. On December 31, Job No. 157 was the only job finished that was not sold. It had a cost of $4,000. 4. Manufacturing overhead was $1,470 underapplied in December. Instructions List the letters (a) through (m) and indicate the amount pertaining to each letter. (c) $13,950 (f) $52,450 (i) $53,450