Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job.

a$.$ Materials were purchased on account.

b$.$ A materials requisition form shows an amount of materials required for this job, $10\%$ of which were used for general use.

c$.$ A labor time sheet shows the following.

d$.$ The additional list below shows costs incurred.

e$.$ At the beginning of the year, overhead costs and workload was estimated. Direct Labor hours drives the cost of overhead.

Required:

Complete the T$-$Accounts below.

Note: When calculating amounts below, use the total in the T$-$Accounts.

Determine the Cost of Goods Manufactured.

Cost of Goods Manufactured

Create a journal entry to dispose of the Over$/$Underapplied Overhead.

Determine the Cost of Goods Sold after disposing of the Over$/$Underapplied Overhead.

Cost of Goods Sold

Determine the Gross Profit for the month.

Gross Profit