at $16 per hour. Despite operating at capacity, last year's performance was a great disappointment to the managers. In total 10 inhs were accented and.completed incurring the following total costs Direct materials $1.044.400 Direct labor 4640.000 Manufacturing overhead 1.160.000 Of the $1,160,000 manufacturing overhead, 40 percent was variable overhead and 60 percent was fixed. This year, Brighton Services expects to operate at the same activity level as last year, and overhead costs and the wage rate are not expected to change. For the first quarter of this year, Brighton Servi costs incurred follow scompleted two jot and was beginning the Direct Direct Labor Joh S 138.100 102.000 $498.000 101 102 312 900 94.900 273 100 Total manufacturing overhead Total marketing and administrative costs 119.000 You are a consultant associated with Lodi Consultants, which Brighton Services has asked for help. Lodi's senior partner has examined Brighton Services's accounts and has decided to divide actual factory overhead by job into fixed and variable portions as follows: Actual Manufacturing Ov Variable Fixed 101 30,800 $104 900 28,400 103 13 400 64,700 $ 207.400 In the first quarter of this year, 30 percent of marketing and administrative cost was variable and 70 percent was fixed. You are told that Jobs 101 and 102 were sold for $864,000 and $568,000, underapplied overhead for the quarter is written off to Cost of Goods Sold. respectively. All over- Required: a. Present in T-accounts the actual manufacturing cost flows for the three jobs the first quarter of this year Materials Inventory Wages Payable Beg bal Beg bal 101: DL 101: DM 102: DL 102: DM 103: DM 103: DL End bal End. bal. Variable Manufacturing Overhead Fixed Manufacturing Overhead 101: Variable 202: Variable 101: Fixed 202: Fixed 103: Variable 103: Fixed Actual Actual End. bal End, ball Work-in-Process Inventory Finished Goods Inventory Beg bal Beg. bal. Total 101 Finished Goods Total 101 Finished Goods Cost of goods sold Total 102 Finished Goods Total 102 Finished Goods End bal. End, bal. Cost of Goods Sold Beg. bal Finished Goods End bal