Motors Inc. manufactures custom automobiles and uses a job order costing system in which each car is a job. The following events occurred during August:

a. Purchased materials on account for $270,000.

b. Incurred wages relating to manufacturing of $190,000.

c. Requisitioned direct materials and used direct labor in manufacturing as follows:

Direct Materials Direct Labor

Car 402 $58,000 $40,000

Car 403 $63,000 $34,000

Car 404 $60,000 $52,000

Car 405 $69,000 $41,000

d. Depreciation of manufacturing equipment of $6,800

e. Other overhead costs incurred on cars 402 through 405:

Indirect Labor of $23,000

Indirect Materials of $20,000

Manufacturing Equipment Rentals Paid in Cash of $9,000

Factory Worker Liability Insurance Expired of $7,000

f. Allocated overhead to jobs at the predetermine rate of 40% of direct labor cost.

g. Cars completed: 402, 404.

h. Car sold: 404.

1. Prepare a job costing table.
2. Compute the ending value of work in process.
3. Compute the cost of goods manufactured.
4. Compute the ending value of finished goods.
5. Compute the cost of goods sold after any over or under applied overhead has been closed.