Mary's Holiday Styles has been busy in the month of November! It seems Mary's marketing efforts have paid off, as she has answered many calls to help decorate homes for the upcoming holidays. The company carries an inventory of decorative items in its store and then installs them in creative and fun ways. The MOH costs are fairly low, since the company has just a small space to hold the inventory. The applied MOH rate is $10 per direct labor hour. As of November 30 , the company carries the following balances in its inventory accounts. During December, the following events occurred. 1. Purchased direct materials costing $14,100 on account. 2. Used $18,700 of direct materials for jobs. 3. Paid direct labor wages for 121 hours of labor ($25/hr). 4. Applied MOH cost to jobs. 5. Actually incurred $1,500 in MOH costs. 6. Completed all jobs by the end of the month. 7. Billed clients $40,400 for jobs completed. 7. Billed clients $40,400 for jobs completed. 8. Closed under-or overapplied MOH using the direct write-off method. (a) Calculate the ending balances in all inventory accounts as of December 31 . eTextbook and Media Last saved 1 second ago. Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes