Mastery Problem: Job Order Costing Purl of Great Price Company supervisor). All wages are paid in cash at the end of each month. machine used to wrap the garments in plastic for shipping, which is operated by the office manager/knitting supervisor approximately 5 hours per week. and cost $4,800, with the same anticipated useful life and salvage value. Nov. 30 Trial Balance Since the company is more reliant on labor than machines, Maria decides to Compute the predetermined factory overhead rate for the current year. Fendback * Check My Wark thenew the delinitions of items that are included in factory overhead for the computation Work Description: Knitting/piecing \begin{tabular}{ccccc} \hline Dates & Job No. & Hours Worked & Unit Price & Amount \\ \hline 12/0112/15 & 62 & 65 & $20 & $1,300 \\ 12/1612/31 & 83 & 103 & 20 & 2,060 \\ & & & Total Cost & $3,360 \\ & & & \end{tabular} \begin{tabular}{|ccccc} Time Ticket & No. 2274 & Name: & Josh Porter \\ \hline Work Description: Knitting/piecing & & \\ \hline Dates & Job No. & Hours Worked & Unit Price & Amount \\ \hline 12/0112/15 & 62 & 75 & $20 & $1,500 \\ 12/1612/31 & 83 & 88 & 20 & 1,760 \\ & & & Total Cost & $3,260 \\ & & & \end{tabular} Chedk Miy Willork Assiginment Score: 17 , 100 . Process. If an amount box does not require an entry, leave it blank. Feedback Check My Work Think about the flow of costs incurred to do a job and the accounts affected by sales to customers. December 16 through December 31. If there is no amount or an amount is zero, enter "0". If required, round your answers to the nearest cent. wook December 31 . If an amount box does not require an entry, leave it blank. Dec. 31 On December 31, prepare the journal entry to dispose of the balance in the factory overhead account. If an amount box does not require an entry, leave it blank. Dec. 31 Feedback Check My Work Incorrect Final Question What are the balances in the following accounts as of December 31 ? If an amount is zero, enter "0". Feedback Theck My Work Create T accounts and post the beginning balances from the Nov. 30 Trial Balance panel. Then post your journal entries to get the Dec. 31 account balances