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: In addition, the following information is available: a. Materials and direct labor were applied to six jobs in July: b. Factory overhead is applied to each job at a rate of 140% of direct labor cost. c. The June 1 Work in Process balance consisted of two jobs, as follows: d. Customer jobs completed and units sold in July were as follows: a. Materials Requisitions $ b. Work in Process Beginning Balance \$5 c. Direct Materials \& d. Direct Labor \$ e. Factory overhead applied \$ f. Completed jobs $ g. Cost of goods sold 5 h. Indirect labor 5