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Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF

Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Balance: on 3/1 Work in Process Job 33 $ 4,800 Job 34 4,500 $ 9,300 Forms Job 33 $3,200 Source documents revealed the following during March: Materials Requisitions Labor Time Completed and sold Tickets Status of Job at Month-End $ 4,200 Job Job 35 Indirect 34 2,800 3,400 Completed, but not sold 3,400 3,200 In process 900 $10,300 2,200 $13,000 The company applies overhead to products at a rate of 60 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory. Finished Goods Inventory, and Cost of Goods Sold accounts at month-end Required 1 Required 2 Compute the cost of Jobs 33, 34, and 35 at the end of the month. Job 33 Total Manufacturing Cost Job 34 Job 35 Required 1 Required 2 Calculate the balance in the Work in Process Inventory, Finished Goods Inventor end. Work in Process Inventory Finished Goods Inventory Cost of Goods Sold

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