Analyzing Manufacturing Cost Accounts Clapton Company manufactures custom guitars in a wide variety of styles. The following incomplete ledger accounts refer to transactions that are summarized for May: in addition, the following information is avaliable: a. Materials and direct labor were applied to the following jobs in May: b. Factory overhead is applied to each job at a rate of 160% of direct labor cost. c. The May 1 Work in Process balance consisted of two jobs, as follows: d. Customer jobs completed and units sold in May were as follows: \begin{tabular}{cccc} \hline 103 & H.2 & & 0 \\ 104 & WY1 & x & 269 \\ 105 & vYZ & x & 15a \\ 106 & AF4 & & 0 \end{tabular} Required Inter all ameunts as pollive numbert. a. Materials Requisitions ? b. Work in Process Beginning Balance \$ c. Direct Materials s d. Direct Labor 5 e. Factory overhead applied f. Completed jobs $ g. Cost of goods soid s h. Indirect labor $ 2. Determine the May 31 balances for each of the inventory accounts and factory overhead. Use the minus sign to indicate any credit balances