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 30 Balance Purchases June 1 Balance 30 Materials 30 Direct labor 30 Factory overhead applied Materials $2,500June 30 330,000 Requisitions (a) Work in Process (b)June 30 Completed jobs (0) (c) (d) Finished Goods June 1 Balance June 30 Cost of goods sold (9) 30 Completed jobs Wages Payable June 301 Wages incurred 330,000