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For the year ended December 31, 2022, the job cost sheets of Sandhill Company contained the following data. Job Number Explanation Direct Materials Direct Labor

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For the year ended December 31, 2022, the job cost sheets of Sandhill Company contained the following data.

Job Number

Explanation

Direct Materials

Direct Labor

Manufacturing Overhead

Total Costs

7640

Balance 1/1

$30,000 $28,800 $34,560 $93,360

Current years costs

36,000 43,200 51,840 131,040

7641

Balance 1/1

13,200 21,600 25,920 60,720

Current years costs

51,600 57,600 69,120 178,320

7642

Current years costs

69,600 66,000 79,200 214,800

Other data:

1. Raw materials inventory totaled $18,000 on January 1. During the year, $168,000 of raw materials were purchased on account.
2. Finished goods on January 1 consisted of Job No. 7638 for $104,400 and Job No. 7639 for $110,400.
3. Job No. 7640 and Job No. 7641 were completed during the year.
4. Job Nos. 7638, 7639, and 7641 were sold on account for $636,000.
5. Manufacturing overhead incurred on account totaled $144,000.
6. Incurred depreciation on factory machinery $9,600.
7. Assigned indirect materials of $16,800 and indirect labor of $21,600.
M4COMP PROBLEM Question 2 of 2 View Current Attene in Progress For the parend December 31, 2012. hehe. Como contained the following Job Number Legation Dive Materiale De Manufacturing Labor Od 7660 Case 3330 Crew SACO 1310 7641 13.300 2920 2200 17600 120 30 2160 720 Lay Asia * OR AAAA, is one of a web usual Wi- Tested they Account and Explanation Credit SANDELL COMPANY Income Statement partial bo

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