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Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm worked on three jobs in July Data are

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Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm worked on three jobs in July Data are as follows: Job 86 Job 88 Job 37 $6.220 $21.210 $0 $10.360 $16,170 Balance, July 1 Direct materiais Direct labor Machine hours $12,380 $12 230 $23.500 $16.090 510 280 1010 Overhead is applied to jobs at the rate of $17 per machine haut. By July 31. Jobs 86 and 8 were completed Jobs 82 and 88 were sold Job 87 remained in process on July 1, the balance in Finished Goods was $48,060 (consisting of Job 82 for $25,560 and Job 84 for $23.400) Prull prices its jobs at cost plus 30%, During July, variable marketing expenses were 5% of sales and fixed marketing expenses were $1.980, administrative expenses were $4.760 (Round all amounts to the nearest dollar) 1. Prepare job-order cost sheets for all jobs in process during July, showing all costs through July 31 All amount calls must have an entry, enter zeros as needed Prull Company Job-Order Cost Sheets For the Month of July Job 86 Job 87 Job 88 2. Balance, July 1 Direct materials Direct labor Applied overhead Total 2. Calculate the balance in Work in Process on July 31. The balance in Work in Process on July 31 is $ 3. Calculate the balance in Finished Goods on July 31. The balance in Finished Goods on July 31 is $ 4. Calculate Cost of Goods Sold for July The cost of goods sold for July is $

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