Directions: Arrange the below accounts in the cost flow order, and determine

the unknown numbers and the ending balances for each account. Close the

overapplied or underapplied Factory Overhead to Cost of Goods Sold.

Indirect Materials $96,200$

Indirect Labor $525,000$

Factory Depreciation $895,600$

Factory Prepaid Expenses $1,200,000$

Factory Overhead Rate based on Direct Labor $210\%$

Beginning Inventory$-$

Transferred In $3,110,600$

Transferred Out Unknown

Ending Balance Unknown

Beginning Balance $620,000$

Transferred In $2,500,000$

Ending Balance Unknown

Beginning Balance $210,000$

Purchases Unknown

Materials Used as Direct Materials Unknown

Materials Used as Factory Overhead Unknown

Ending Balance $298,300$

Total Factory Payroll $1,575,000$

Direct Labor Unknown

Indirect Labor Unknown

Beginning Balance $75,600$

Direct Materials $805,000$

Direct Labor Unknown

Factory Overhead Unknown

Transferred Out Unknown

Ending Balance Unknown