Analyzing Manufacturing Cost Accounts Big Wave Company manufactures surf boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for July: July 1 July 31 Requisitions Materials 33,200 July 31 133,600 Balance Purchases Work in Process (B)uly 31 Completed jobs July 1 July 31 July 31 July 31 Balance Materials Direct labor Factory overhead applied Finished Goods opuly 31 Cost of goods sold July 1 July 31 Balance Completed jobs Wages Payable Duly 31 Wages incurred 130,000 Balance Factory overhead applied applied (E) July 1 July 31 July 31 July 31 Indirect labor Indirect materials Other overhead Factory Overhead 22,300 July 31 (H) 17,800 104,300 In addition, the following information is available: a. Materials and direct labor were applied to six jobs in July: Job No. Direct Materials Direct Labor $23,030 $17,000 34,900 25,000 No. 21 No. 22 No. 23 No. 24 No. 25 Style X-10 X-20 X-50 T- 20 X- 40 12,400 8,000 Quantity 230 400 2 00 3 20 1 90 120 1,460 41,880 33,000 17,000 22,870 No. 26 7,000 4,000 T-10 Total $142,080 $104,000 b. Factory overhead is applied to each job at a rate of 160% of direct labor cost. C. The July 1 Work in Process balance consisted of two jobs, as follows: July 1 Work in Job No. Quantity Direct Materials Direct Labor Factory Overhead Total Cost Unit Cost Units Sold Process $ 6,600 $ 23,030 15,700 34,900 12,400 41,880 $ 17,000 25,000 8,000 33,000 17,000 22,870 4,000 7,000 142,080 Total $22,300 104,000 a. Materials Requisitions $ b. Work in Process Beginning Balance c. Direct Materials d. Direct Labor $ e. Factory overhead applied $ f. Completed jobs $ 9. Cost of goods sold $ Cost of Goods Sold Work in Process, July 1 Job No. Style Job 21 X-10 Job 22 X-20 $6,600 15,700 Total $22,300 d. Customer jobs completed and units sold in July were as follows: Job No. Style Completed in July Units Sold in July 184 No. 21 X-10 No. 22 X-20 No. 23 X-50 No. 24 T-20 No. 25 X-40 No. 26 T-10 1. Determine the missing amounts associated with each letter and complete the following table. If required, round amounts to the nearest dollar. If an answer is zero, enter in "0". Enter all amounts as positive numbers