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Balance on 3/1 $ 5,000 5,000 $ 10,000 Work in Process Job 33 Job 34 Source documents revealed the following during March: Materials Labor Time

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Balance on 3/1 $ 5,000 5,000 $ 10,000 Work in Process Job 33 Job 34 Source documents revealed the following during March: Materials Labor Time Tickets $ 5,700 3,800 2,800 2,500 $ 14,800 Requisitions Forms $ 2,800 3,900 3,300 1,100 $ 11,100 Status of Job at Month-End Completed and sold Completed, but not sold In process Job 33 Job 34 Job 35 Indirect The company applies overhead to products at a rate of 50 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. Total Manufacturing Cost Job 33 Job 34 Job 35 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. Work in Process Inventory Finished Goods Inventory Cost of Goods Sold

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