Mastery Problem: Job Order Costing Purt of Great Price Company Maria Young is the sole stockholder of Put of Great Price Company (POOP Company), which produces high-end knitted sweaters and sweater vests for sale to retail outlets, the company started in January of the current year and enters the knitters (each of whom work 40 hours per week) and one office manager/knitting supervisor (this employee works 20 hours per week as office manage and hours per week as knitting pervia) Al wages are paid in cash at the end of eac month Each knitter has a knitting machine that is used about 2/3 of the knitter's time, the rest of the knitter's time being involved in hand knitting and plecing together the garments. The company also has a packaging made and to wrap the garments in plastic for shipping, which is rated by the office manager knitting pervir approximately 3 hours per week The knitting machine were purchased on January 1 of the current year and cost $2,400 each, with an anticipated useful site of 10 years and no salvage value. The packaging machi was purchase the state and 4.000, with the same anticipated useful and Nov. 30 Trial Balance POGP Company Trial Balance November 30, 20 Account Tile Debit Credit Cash 20,000 1,000 Supplies 200 Materials 5.000 Work in Process 5,404 Equipment 12,000 Accumulated Depreciation-Equipm #25 Accounts Payable 150 Common Stack 10,000 Retained Earings 12,000 Dividend Sales 307,500 Cost of Goods Sold 255.040 Factory Overtwad 15 Check My Work Seve and le Previs Next Subnet Ausgement for Grading