Job costing example questions

JOB COSTING EXAMPLE shaylee Company is e sm total debits and credits in certain accounts one day The The all manufacturing shop that uses normal costing in its job-costing system. before year-end are as follows: December 30, 20x0 Total Debits Total Credlts Raw Material inventory Work-in-Process Inventory Manufacturing Overheec Finished Goods inventory Cost of Goods Sold $100,000 320,000 25,000 $70,000 305.000 90,000 300,000 300,000 All materials purchased are direct materials. Note that "total debits" in the inventory include beginning inventory balances on January 1, 20x0, if any accounts would The total debits and total credits above do not include the following: nufacturing labor costs for the December 31 working day: direct manufacturing labor $5,000, and indirect manufacturing labor, $1,000. 2. Miscellaneous manufacturing overhead incurred on December 31: $1,000 Additional Information: Manufacturing overhead has been allocated as a percentage of direct manufacturing labor costs through December 30 . h. Direct materials purchased during 20Y ore cos ogo