COST ACCT

Bramble Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $1119000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 143400 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control $123600 464240 Raw Materials inventory Work in Process Inventory Finished Goods Inventory Cost of Goods Sold 432840 2340500 For the year, manufacturing overhead was underapplied by $221000. If Bramble prorates the underapplied overhead, what is the ending balance of the Finished Goods Inventory? (Round intermediate calculations to 4 decimal places) 5434692 $462388 $403292 $493788 $187100 307000 106200 Beginning balance, Raw Materials Inventory Beginning balance, Work in Process Inventory Beginning balance, Finished Goods Inventory Manufacturing overhead applied Purchases of raw materials Factory electricity Direct labor payroll 535500 338000 62800 203000 Depreciation on factory equipment 218950 50900 44000 407450 Insurance on factory building Indirect materials used in production Total raw materials used in production Indirect labor payroll Cost of goods manufactured Cost of Goods Sold 159000 1253000 1312200 What was the ending balance in Sunland's Raw Materials Inventory at December 31? $204450 $117650 $249900