Current Attempt in Progress

The management team of Sheffield Transport, an equipment$-$assembly company, is evaluating its inventory costs for the current year.

One of its goals is to end the year with less inventory on hand than it had at the beginning of the year, recognizing there are many costs

associated with holding inventory $($this goal represents the start of the company's journey into lean manufacturing, where it is working

to eliminate unnecessary process steps and costs on many levels$).$ Its normal job costing system uses machine hours as its allocation

base. For the current year, it budgeted $$6,210$ for all of its MOH costs, expecting to use $2,700$ machine hours throughout the year. The

following data pertain to operations for this year $($beginning inventory balances are presented in the below T $-$accounts$).$

$($a$)$

Recreate the following T$-$accounts and then show the effects of the above events and costs in the inventory accounts, COGS, and

MOH Control account. Calculate ending balances for these accounts after recognizing the sale of goods. $($Post entries in the order

displayed in the problem statement.$)$