Cullumber Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system for the first month of the new fiscal year. Other data: 1 2 On December 1, two jobs were in process: Job No. 154 and Job No. 155. These jobs had combined direct materials costs of $9,950 and direct labor costs of $15,900. Overhead was applied at a rate that was 75% of direct labor cost. During December, Job Nos. 156, 157, and 158 were started. On December 31, Job No. 158 was unfinished. This job had charges for direct materials $4,100 and direct labor $5,200, plus manufacturing overhead. All jobs, except for Job No. 158, were completed in December. On December 1, Job No. 153 was in the finished goods warehouse. It had a total cost of $5,500. On December 31, Jab No. 157 was the only job finished that was not sold. It had a cost of $4,400. Manufacturing overhead was $1,695 underapplied in December. 3. 4 List the letters (a) through (m) and indicate the amount pertaining to each letter. Raw Materials Inventory 7000 (a) Dec. 31 Requisitions 17.250 Dec. 1 Beginning balance 31 Purchases Dec. 31 Ending balance 18.725 8.475 Work in Process Inventory (b) Dec. 31 Jobs completed Dec. 1 Beginning balance 31 Direct materials 31 Direct labor 8.900 31 Overhead d) Dec 31 Ending balance le) Finished Goods Inventory Work in Process Inventory (b) Dec. 31 Jobs completed Dec 1 Beginning balance {f} 31 Direct materials (c) 31 Direct labor 8,900 31 Overhead Dec 31 Encing balance le) Finished Goods Inventory Dec 1 Beginning balance (8) Dec 31 Cost of goods sold (0) 31 Completed jobs (h) Dec. 31 Ending balance () Factory Labor Dec. 31 Wages assigned Dec. 31 Factory wages 12,125 (k) Manufacturing Overhead 3,500 Dec. 31 Overhead applied Dec. 31 Indirect materials (m) 31 Indirect labor 31 Other overhead 1,645 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit