Big Sur Company manufactures surf boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions for May:

Materials

Date	Line Item Description	Amount
May 1	Balance	18,000
May 31	Purchases	50,000
May 31	Requisitions	(A)

Work in Process

Date	Line Item Description	Amount
May 1	Balance	(B)
May 31	Direct materials	(C)
May 31	Direct labor	(D)
May 31	Factory overhead applied	(E)
May 31	Completed jobs	(F)

Finished Goods

Date	Line Item Description	Amount
May 1	Balance	0
May 31	Completed jobs	(F)
May 31	Cost of goods sold	(G)

Wages Payable

Date	Line Item Description	Amount
May 31	Wages incurred	105,000

Factory Overhead

Date	Line Item Description	Amount
May 1	Balance	(3,000)
May 31	Indirect labor	(H)
May 31	Indirect materials	3,500
May 31	Other overhead	101,900
May 31	Factory overhead applied	(E)

In addition, the following information is available:

1. Materials and direct labor cost were applied to six jobs in May:
   
   

   Job No.	Style	Quantity	Direct Materials	Direct Labor
   No. 0521	SX	100	$5,500	$15,000
   No. 0522	SJ	200	8,000	26,000
   No. 0523	SK	100	3,500	8,000
   No. 0524	T3	125	7,000	25,000
   No. 0525	T6	100	5,500	15,000
   No. 0526	SX	70	2,100	4,500
   Total		695	$31,600	$93,500

2. Factory overhead is applied to each job at a rate of 110% of direct labor cost.
3. The May 1 Work in Process balance consisted of two jobs, as follows:
   
   

   Job No.	Style	Work in Process, May 1
   Job 0521	SX	$1,500
   Job 0522	SJ	5,000
   Total		$6,500

4. Customer jobs completed and units sold in May were as follows:
   
   

   Job No.	Style	Completed in May	Units Sold in May
   No. 0521	SX	X	80
   No. 0522	SJ	X	160
   No. 0523	SK		0
   No. 0524	T3	X	105
   No. 0525	T6	X	75
   No. 0526	SX		0

Instructions:

1.   Determine the missing amounts associated with each letter and complete the following table. If required, round amounts to the nearest cent. If an amount is zero, enter in "0". Enter all amounts as positive numbers.

Provide supporting calculations:

Job No.	Quantity	May 1 Work in Process	Direct Materials	Direct Labor	Factory Overhead	Total Cost	Unit Cost	Units Sold	Cost of Goods Sold
No. 0521	fill in the blank 1	$fill in the blank 2	$fill in the blank 3	$fill in the blank 4	$fill in the blank 5	$fill in the blank 6	$fill in the blank 7	fill in the blank 8	$fill in the blank 9
No. 0522	fill in the blank 10	fill in the blank 11	fill in the blank 12	fill in the blank 13	fill in the blank 14	fill in the blank 15	fill in the blank 16	fill in the blank 17	fill in the blank 18
No. 0523	fill in the blank 19	fill in the blank 20	fill in the blank 21	fill in the blank 22	fill in the blank 23	fill in the blank 24	fill in the blank 25	fill in the blank 26	fill in the blank 27
No. 0524	fill in the blank 28	fill in the blank 29	fill in the blank 30	fill in the blank 31	fill in the blank 32	fill in the blank 33	fill in the blank 34	fill in the blank 35	fill in the blank 36
No. 0525	fill in the blank 37	fill in the blank 38	fill in the blank 39	fill in the blank 40	fill in the blank 41	fill in the blank 42	fill in the blank 43	fill in the blank 44	fill in the blank 45
No. 0526	fill in the blank 46	fill in the blank 47	fill in the blank 48	fill in the blank 49	fill in the blank 50	fill in the blank 51	fill in the blank 52	fill in the blank 53	fill in the blank 54
Total	fill in the blank 55	$fill in the blank 56	$fill in the blank 57	$fill in the blank 58	$fill in the blank 59	$fill in the blank 60			$fill in the blank 61

Line Item Description	Amount
A.	$fill in the blank 62
B.	$fill in the blank 63
C.	$fill in the blank 64
D.	$fill in the blank 65
E.	$fill in the blank 66
F.	$fill in the blank 67
G.	$fill in the blank 68
H.	$fill in the blank 69

2.  Determine the May 31 balances for each of the inventory accounts and factory overhead.

Line Item Description	Amount
Materials	$fill in the blank 70
Work in process	$fill in the blank 71
Finished goods	$fill in the blank 72
Factory overhead	$fill in the blank 73  overappliedunderapplied