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 82,500 June 30 330,000 Requisitions Work in Process June 1 June 30 Balance (B) June 301 Completed jobs Materials (C) June 30 Direct labor (D) June 30 Factory overhead applied (E) Finished Goods June 1 June 30 Balance 0June 30 Cost of goods sold Completed jobs (F) Check My Work Wages Payable (A) June 30 Wages incurred 330,000 Grading eBook June 1 Balance June 30 Indirect labor June 30 Indirect materials June 30 Other overhead Factory Overhead 33,000 June 30 Factory overhead applied (E) (H) 44,000 237,500 Job No. Style Quantity 201 T100 550 In addition, the following information is available: a. Materials and direct labor were applied to six jobs in June: Direct Labor $41,250 Direct Materials $55,000 202 T200 1,100 93,500 71,500 203 T400 550 38,500 22,000 204 S200 660 82,500 69,300 K 205 T300 480 60,000 48,000 206 $100 380 22,000 12,400 Total 3,720 $351,500 $264,450 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: Work in Process, Job No. Style June 1 201 T100 $16,500 202 T200 44,000 Total $60,500 d. Customer inhe completed and unite cold in June were se follower DIL 20 Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false eBook Total 3,720 $351,500 $264,450 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: Job No. Style Work in Process, June 1 201 T100 $16,500 202 T200 44,000 Total $60,500 d. Customer jobs completed and units sold in June were as follows: Job No. Completed Style Units Sold in June in June 201 T100 X 440 202 T200 880 203 T400 0 204 $200 570 205 T300 420 206 $100 0 Required: 1. Determine the missing amounts associated with each letter by completing the table below. If an answer is zero, enter in "0". Enter all amounts as positive numbers Job No. Quan tity June 1 Work in Direct Materials Direct Labor Factory Overhead Process No. 201 550 No. 202 1,100 No. 203 550 No. 204 660 No. 205 480 No. 2061 300 Total 3,720 $55,000 $41,250 93,500 71,500 38,500 22,000 2,500 69,300 60,000 40,000 22,000 12,400 $351,500 $264,450 A. Materials Requisitions B. Work in Process Beginning Balance 1 C. Direct Materials D. Direct Labor E. Factory overhead applied : F. Completed jobs G. Cost of goods sold.. Check My Work Assignment Score: 0.0% Total Cost Unit Cost Units Sold Cost of Goods Sold Email instructor Save and Ext Submit Assignment for G H. Indirect labor 2. Determine the June 30 balances for each of the inventory accounts and factory overhead Materials Work in Process Finished Goods Factory Overhead