During September, the following events occurred: 1. 2. 3. 4. Furr purchased direct materials costing $372,000 on account. Furr used $364,000 in direct materials in production. Furr's employees clocked 20,000 direct labor hours at an average wage rate of $15 per direct labor hour. The company incurred $428,000 in manufacturing overhead, including $77,200 in indirect labor costs. Using direct labor hours as the application base, the company applied $420,000 of manufacturing overhead to jobs worked on in September The company completed production on jobs costing $1,040,000. The company delivered jobs costing $990,000 to customers. 5. 6. 7. X Your answer is incorrect. Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory accounts. Ending September Balance $ Direct Materials 364000 Work in Process 300000 Finished Goods 420000