Analyzing Manufacturing Cost Accounts

Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and transactions that are summarized for June:

Materials

$\backslash$table$[[$June $1$ Balance,$34,900,$June $30$ Requisitions$],[$June $30$ Purchases,$140,300,]]$

Work in Process

June $1$ Balance

$($B$)$ June $30$ Completed jobs

June $30$ Materials

$($C$)$

June $30$ Direct labor

$($D$)$

June $30$ Factory overhead applied

$($E$)$

Finished Goods

Jure i Balance

Jure $30$ Completed Jobs

$($F$)$ June $30$ Cost of goods sold

Finished Goods

$\backslash$table$[[$June $1$ Balance,$($F$),],[$June $30$ completed jobs $30$ Cost of goods sold,,$]]$

$\backslash$table$[[$Wages Payable$],[,,$June $30$ Wages incurred,$130,000],[$Factory Overhead$],[$June $1$ Ealance,$22,800,$June $30$ Factory overhead applled,$(E)$

Iutacturing Cest ACUuntspary manuactures desaner paddie bosrus in a nide variety ef sizes and styles.tger acuourts refer to transactiens that are umnarnzed for June:laseslaborry ovehead appliedleted jobst labart Inaterialsoverhesd$190430200320180150$following infornat on is available:$$22,10039,220$MaterialsWork in Process$15,00034,900$ June $30$ Requistions$140,30042,24021,400($U$)$June $30$ Conpleted JohsI direct Iabar were applied to six $$9$bs in June:$9,250($CFactory OverheadQuantity Direct Materials Dlrect Labor$($D$)($E$)$Finished Goodso June $30$ Cost af goods scldWages PayableJune $30$ Wages inoured$22,90$a June $30$ Fattory overhead applied$($H$)18,70092,000|$$$14,00028,0008,00032,00017,0005,000$Jeh Ne$.$ Shie$201$ta$203202254205$Sah Na$,$ Styte in June in JunaJobNo$201$TI$00$Na$\mathrm{.}201$Work In PrncessT$400$tm phs mitnt und nt sct in June wrn folicwt Datrenine the neg aunts asscatnt wh eaheCompleted Units Soldamaunts ta the nearest dollar, t an ansaer is terg, eeter n $"0,$ Erter at amcts as posutre nurbersi$|$D$,$ Direct Laborc Diret HaterialsMaternalsJune $1$A Materlals Requisitions.Completed Jobs$$22,890$WorkH. Indirect laborQuantity Prucess Materialshtemeehe$2.$ DetermeeFinsted Grods$$5,$n$0$In$17\mathrm{.}200$G Cost ef goods sold$$5,600$E Factery everhead appliedFactory Oertead$17,2006$ Work in Procmss Beginning talanca t$152$erhalsnrar$269$Direct$$22,100$ $$14,00039,22015,000$DirectLabar$28,003$e$,000$OverheadTotalCostUnitIf required, raundCostUnitsSoldCost ofGoods Saldo beances tor each of the invertpry accounts and factary orcrhead. Use the mrus sgn to