Grant Reve 6 7 8 9 10 5 1 2 3 4 Accounting for Business Operations Fall 2023 Chapter 9 Class Problem Due November 9, noon in BB Selected accounts from the first year of operations for END Company are provided below: j. 11 a 30,000 8,000 2.7400 Cash 1,800 d 100 5,000 b. 3,000 e. 1,800 300 j. Manufacturing OH 1,600 g. 300 k Common Stock 30,000 a GS&A Expense 300 Item Raw Materials b. 5,000 2.400 h. 6,000 Actual overhead costs Cost of good manufactured Cost of goods sold Direct labor cost incurred Direct materials used Applied overhead charges Finished goods ending inventory Gross margin Net income Indirect materials used in production Over- or under-applied overhead 1 2 Raw materials purchased Raw materials ending inventory Work in process ending inventory 2,500 c. 100 d Finished Goods 5,000 i Retained Earnings Required: Determine the following: [Show your work or identify which letter above.] Work in Process [indicate whether over or under-applied] c. 2,500 e. 3,000 1,600 6,000 h Cost of Goods Sold i 5,0