eBook Calculator Print Item Analyzing Manufacturing Cost Accounts Summer Boards Company manufactures surf boards in a wide variety of sizes and styles. The Materials May 1 Balance 9,000 31 Purchases 40,000 31 Requisitions Work in Process May 1 Balance 31 Materials 31 Direct labor 31 Factory overhead applied 31 Completed jobs (E) Finished Goods May 1 Balance 0 31 Completed jobs 31 Cost of goods sold Wages Payable Check My Work 5 more Check My Work uses temaining All work saved search eBook Print Item Factory Overhead May 1 Balance (3,000) 31 Indirect labor 31 Indirect materials 31 Other overhead 31 Factory overhead applied 2,500 102,900 (E) In addition, the following information is available a. Materials and direct labor cost were applied to six jobs in May: Style Quantity Direct Materials SX SJ SK T3 T6 Job No. Direct Labor No. 0521 No. 0522 No. 0523 No. 0524 No. 0525 No. 0526 100 200 100 125 90 70 685 5,000 8,500 3,500 7,500 5,600 2,000 $32,100 $15,000 26,000 8,000 25,000 17,500 4,500 Total $96,000 b. Factory overhead is applied to each job at a rate of 120% of direct labor cost. check My Work 5 more Check My Work uses remaining A" work saved to search cess baiance consisted or twO joUS, as Towows. Job No. Style Job 0521 SX Job 0522 SJ Total Work in Process, May 1 $1,500 4,000 $5,500 d. Customer jobs completed and units sold in May were as follows: Job No. No. 0521 No. 0522 Style SX S] Completed in May Units Sold in May 80 160 0 105 75 No. 0523 SK No. 0524 T3 No. 0525 T6 No. 0526 SX Instructions: 1. Determine the missing amounts associated with each letter and complete the following table numbers. Provide supporting calculations: Check My Work s more Check My Work uses remaininyg All work saved to search Direct Labor F No. 0521 No. 052 No. 0s24 No 0525 N.0 earch