Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June: June 1 June 30 Balance Purchases Materials 30,100June 30 121,000 Requisitions (A) Work in Process June 1 Balance (B) June 30 Completed jobs (F) June 30 Materials (C) June 30 Direct labor (D) June 30 Factory overhead applied June 1 Balance June 30 Completed jobs Finished Goods 0June 30 Cost of goods sold (G) Wages Payable June 30 Wages incurred 113,800 Factory Overhead June 1 Balance June 30 Indirect labor 21,300June 30 (H) Factory overhead applied (E) June 30 Indirect materials 16,100 June 30 Other overhead 79,400 In addition, the following information is available: a. Materials and direct labor were applied to six jobs in July: Direct Labor Job No. Style Quantity Direct Materials 201 T100 190 $20,490 $14,000 202 T200 390 35,420 26,000 203 T400 180 12,740 7,000 204 $200 250 33,500 24,000 205 T300 180 21,400 17,000 206 $100 100 5,200 3,000 Total 1.290 $128,750 $91.000 b. Factory overhead is applied to each job at a rate of 150% of direct labor cost. c. The June 1 Work in Process balance consisted of two jobs, as follows: Job No. Style Work in Process, June 1 201 T100 $5,500 202 T200 15,800 Total $21,300 d. Customer jobs completed and units sold in July were as follows: Job No. Style Completed in July Units Sold in July 201 T100 152 202 T200 X 312 203 T400 0 204 5200 X 210 205 T300 X 149 206 $100 0 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. June 1 Direct Direct Factory Job No. Quantity Work in Process Total Cost Unit Cost Units Sold Cost of Goods Sold Materials Labor Overhead No. 201 $5,500 $ 20,490 $14,000 No. 202 15,800 35,420 26,000 No. 203 No. 204 12,740 7,000 33,500 24,000 No. 205 21,400 17,000 No. 206 Total 5,200 3,000 $21,300 128,750 91,000 a. Materials Requisitions b. Work in Process Beginning Balance c. Direct Materials d. Direct Labor e. Factory overhead applied f. Completed jobs g. Cost of goods sold h. Indirect labor 2. Determine the June 30 balances for each of the inventory accounts and factory overhead. Use the minus sign to indicate any credit balances. Materials: Work in Process: Finished Goods: Factory Overhead: