I need help with no. 4 "Determine the Cost of Goods Sold for September and provide the number of the Jobs in Cost of Goods Sold for September." I know our books says to take beginning inventory plus activities ordered minus ending inventory. But with Job 1, there wasn't parts ordered, it had a job sheet calculation of 21140.00, but sold for 28000. Should I subtract the 21,140 from 28,000? I need help and teach me how I can do work so I can derive an answer.

Part 1: Information to use in completing is below and the requirements follow where you will answer the questions. Grass Mower Company manufacturers a variety of gasoline-powered mowers for discount hardware and department stores. The company uses ajob cost system and treats each customers order as a separate job. The primary mower components (motors, chassis, and wheels) are purchased from three different suppliers under long-term contracts that call for the direct delivery of raw materials to the production oor as needed. When a customers order is received, a raw materials purchase order is electronically placed with suppliers. The purchase order speCies the scheduled date that production is to begin as the delivery date for motors and chassis, the scheduled date production is to be completed is specied as the delivery date for the wheels. As a consequence, there are no raw materials inventories; raw materials are charged directly to Work-in-process upon receipt. Upon completion goods are shipped directly to customers rather than transferred to nished goods inventory. At the beginning of September the company had the followmg workeinrprocess inventories: Job 1 $20,000 Job 2 $ 15,000.00 Job 3 $ 16,000.00 Job :1 $ 0,000.00 Total $60,000 During September, the following activities took place: 1. Started jobs 5,6, and 7. 2. Ordered and received the following raw materials for speCied jobs: Motors Chassis Wheels Total Job 2 $0.00 $0.00 $700.00 $700.00 Job 3 $0.00 $0.00 $1,100.00 $1,100.00 Job 4 $0.00 $0.00 $1,500.00 $1,500.00 Job 5 $1,000.00 $4,000.00 $1,000.00 $6,000.00 Job 6 $8,000.00 $3,500.00 $900.00 $12,400.00 Job 7 $7,500.00 $3,000.00 $0.00 $11,300.00 Total $33,000 3. Incurred September manufacturing payroll: Direct Labor Job 1 $600.00 Job 2 $3,100.00 Job 3 $3,000.00 Job 4 $4,000.00 Job 5 $1,500.00 Job 6 $2,500.00 Job 7 $2,000.00 Total Direct Labor $16,700.00 Indirect Labor $3,000.00 4. Incurred additional manufacturing overhead costs for September: Manufacturing supplies purchased and used $2,000 Depreciation on factory xed assets $ 5,000.00 Factory utilities $ 5,000.00 overhead Illocation rIte 515,000 5. Applied manufacturing overhead using a predetermined rate based on predicted annual overhead and predicted annual direct labor cost as follows: Predicted Annual Overhead $184,500 Predicted Annual Direct Labor cc $205,000 6. Completed and shipped jobs 1 and 6. The foIIoWing is what was charged to these customers: Job 1 $ 28,000.00 Job 6 $ 26 000.00 Total 7. Selling and Administrative costs incurred in September are the following: $4,000 Required: You need to use cell references to provide answers and calculations. 1. Develop the predetermined overhead rate. 90% 2. Complete the job cost sheets provided below: Job1 Job2 Job3 Job-'1 Job5 Jobs Job7 Beginning Balance $20,000.00 $ 15,000.00 $16,000.00 $ 9,000.00 Currentcosts: Direct materials $ 700.00 $ 1,100.00 $ 1,500.00 $ 6,000.00 $ 12,400.00 $ 11,300.00 Direct Labor $600.00 $3,100.00 $3,000.00 $41,000.00 $1,500.00 $2,500.00 $2,000.00 Applied overhead $ 540.00 $ 2,700.00 $ 2,700.00 $ 3,600.00 $ 1,350.00 $ 2,250.00 $ 1,800.00 Total $21,140.00 $ 21,500.00 $22,800.00 $ 18,100.00 $ 8,850.00 $ 17,150.00 $ 15,100.00 3. Determine the ending Work-ln-Process Inventory at the end of September and provide the number of the Jobs still in Work-in-Procm at the end of September. Status 1 Job 2 Job 3 Job 4 Job 5 J Job 7 Em". W'P Inventory: Incomplete C I edl' Jobs Cost 53:33:; Completed! incurred $21,500.00 $ 22,800.00 $18,100.00 $ 8,850.00 Shipped $ 15,100.00 3 86,440.00 4. Determine the Cost ofGoods Sold for September and provide the number of the Jobs in Cost of Goods Sold for September. Job 1 Job 2 Job 3 Job 4 Job 5 Job 6 Job 7