Lucas manufactures computer furniture with an ergonomic design. Lucas uses a work order costing system. The work-in-process inventory on November 30 includes the following tasks:

On November 30, Lucass Direct Materials Inventory account totaled $698,000, and its Finished Goods Inventory totaled $3,456,400. Lucas applies manufacturing overhead on the basis of machine hours. The companys manufacturing overhead budget for the year totaled $4,650,000, and the company planned to use 930,000 machine hours during the year. Through the first eleven months of the year, the company used a total of 880,000 machine hours, total manufacturing overhead amounted to $4,284,500, and Cost of Goods Sold was $8,790,250. For the purposes of this problem, ignore year-end disposition of over / under applied overhead. Lucas purchased $648,000 in direct materials in December and incurred the following costs for jobs in process that month:

The following jobs were completed in December and transferred to the Finished Goods Inventory:

1. Calculate the total cost of each of the four jobs worked on in December.

CC723:

CH291:

PS812:

DS444:

2.Calculate the total manufacturing cost for December.

Total manufacturing cost:

3.Calculate the cost of goods manufactured for December.

Cost of good manufactured:

4. Assume that Lucas sold 8,200 computer caddies, 10,000 chairs, and 4,500 desks in December. Calculate Cost of Goods Sold for the month of December and the ending Finished Goods Inventory balance on December 31. (For computation purpose round per unit rates to 2 decimal places, e.g. 3.74. Round final answers to 0 decmial places, e.g. 46,000.)

Cost of Good:

Finished Good inventory:

5. Calculate the balance in the Work in Process Inventory account on December 31.

Balance in work in process

Job No. Item Units Accumulated Cost $980,000 CC723 Computer caddy Chair CH291 20,000 10,000 27,000 PS812 Printer stand 440,000 269,000 $1,689,000 Materials Issued Machine Hours Direct Labor Hours Direct Labor Cost Job No. CC723 13,200 15,000 4,400 CH291 4,000 $165,000 $16,500 $239,000 $259,000 $127,400 $44,200 $222,500 $146,000 PS812 19,500 16,000 14,300 13,900 DS444 Job No. Item Units CC723 Computer caddy Chair CH291 20,000 10,000 5,000 DS444 Desk