Cherry Cotta males custom ordered clay pots for residential gardens. Bclow is coet information reganding its latest job.

a$.$ Materials were purchased on account.

b$.$ A materials requiaition form shows an amount of materiak required for this job, $10$ s of which were usod for poneral use.

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

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

C$.$ At the beginning of the year, overhead coets 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.

Coct af Goods Manutactured

Create a journal entry to dispose of the Over$/$Underappliod Dverhead.

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

Coct of Goods Sold

Determine the Grass Profit for the month.For an answer to be graded as correct, you must use an Excel formula:

Begin each formula with an $=$ sign.

Reference cells, instead of entering values.

Example: $=$B$3+$C$3$