Clapton Company manufactures custom guitars in a wide variety of styles. The following incomplete ledger accounts refer to transactions that are summarized for May:

Transaction	Debit amount	Transaction	Credit amount
May 1 Balance	105,600	May 31 Requisitions	(A)
May 31 Purchases	500,000

Transaction	Debit amount	Transaction	Credit amount
May 1 Balance	(B)	May 31 Completed jobs	(F)
May 31 Materials	(C)
May 31 Direct labor	(D)
May 31 Factory overhead applied	(E)

Transaction	Debit amount	Transaction	Credit amount
May 1 Balance	0	May 31 Cost of goods sold	(G)
May 31 Completed jobs	(F)

Transaction	Debit amount	Transaction	Credit amount
		May 31 Wages incurred	396,000

Transaction	Debit amount	Transaction	Credit amount
May 1 Balance	26,400	May 31 Factory overhead applied	(E)
May 31 Indirect labor	(H)
May 31 Indirect materials	15,400
May 31 Other overhead	122,500

In addition, the following information is available:

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

Job No.	Style	Quantity	Direct Materials	Direct Labor
101	AF1	330	$82,500	$59,400
102	AF3	380	105,400	72,600
103	AF2	500	132,000	110,000
104	VY1	400	66,000	39,600
105	VY2	660	118,800	66,000
106	AF4	330	66,000	30,800
Total		2,600	$570,700	$378,400

1. Factory overhead is applied to each job at a rate of 50% of direct labor cost.
2. The May 1 Work in Process balance consisted of two jobs, as follows:

Job No.	Style	Work in Process, May 1
101	AF1	$26,400
102	AF3	46,000
Total		$72,400

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

Job No.	Style	Completed in May	Units Sold in May
101	AF1	X	264
102	AF3	X	360
103	AF2		0
104	VY1	X	384
105	VY2	X	530
106	AF4		0

Required:

1. Determine the missing amounts associated with each letter by completing the table below. If required, round your answer to two decimal places. If an answer is zero, enter in "0". Enter amounts as positive numbers.

Job No.	Style	Quantity	May 1 Work in Process	Direct Materials	Direct Labor	Factory Overhead	Total Cost	Unit Cost	Units Sold	Cost of Goods Sold
No. 101	AF1	330	$fill in the blank 1	$82,500	$59,400	$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
No. 102	AF3	380	fill in the blank 7	105,400	72,600	fill in the blank 8	fill in the blank 9	fill in the blank 10	fill in the blank 11	fill in the blank 12
No. 103	AF2	500		132,000	110,000	fill in the blank 13	fill in the blank 14		fill in the blank 15	fill in the blank 16
No. 104	VY1	400		66,000	39,600	fill in the blank 17	fill in the blank 18	fill in the blank 19	fill in the blank 20	fill in the blank 21
No. 105	VY2	660		118,800	66,000	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
No. 106	AF4	330		66,000	30,800	fill in the blank 27	fill in the blank 28		fill in the blank 29	fill in the blank 30
Total		2,600	$fill in the blank 31	$570,700	$378,400	$fill in the blank 32	$fill in the blank 33			$fill in the blank 34

Line Item Description	Amount
a. Materials Requisitions	$fill in the blank 35
b. Work in Process Beginning Balance	$fill in the blank 36
c. Direct Materials	$fill in the blank 37
d. Direct Labor	$fill in the blank 38
e. Factory overhead applied	$fill in the blank 39
f. Completed jobs	$fill in the blank 40
g. Cost of goods sold	$fill in the blank 41
h. Indirect labor	$fill in the blank 42

2. Determine the May 31 balances for each of the inventory accounts and factory overhead. Enter all amounts as positive numbers.

Inventory Accounts	Amount
Materials	$fill in the blank 43
Work in Process	$fill in the blank 44
Finished Goods	$fill in the blank 45
Factory Overhead	$fill in the blank 46