Oriole, Inc. manufactures ergonomically designed computer furniture.. Oriole uses a job order costing system. On November 30, the Work in Process Inventory consisted of the following jobs: Job No. Accumulated Cost Item Units Computer caddy CC723 26,000 $910,000 Chair CH291 15,000 434,000 Printer stand PS812 28,000 271,000 $1,615,000 On November 30, Oriole's Raw Materials Inventory account totaled $676,000, and its Finished Goods Inventory totaled $3,466,400. Oriole applies manufacturing overhead on the basis of machine hours. The company's manufacturing overhead budget for the year totaled $4,950,000, and the company planned to use 990,000 machine hours during the year. Through the first eleven months of the year, the company used a total of 850,000 machine hours, total manufacturing overhead amounted to $4,284,500, and Cost of Goods Sold was $8,760,250. For the pursposes of this problem, ignore year-end disposition of over under applied overhead. Oriole purchased $638,000 in raw materials in December and incurred the following costs for jobs in process that month: Materials Machine Direct Labor Direct Labor Job No. Issued Hours Hours Cost 723 $167,000 13,000 14,800 $123,400 CH291 $49,200 $19,000 4,800 3,600 PS812 $214,000 20,800 17,300 $216,500 DS444 $259,000 19,000 17,500 $143,000 The following jobs were completed in December and transferred to the Finished Goods Inventory: Job No. Item Units Computer caddy CC723 26,000 Chair CH291 15,000 Desk DS444 9,000 (a) Calculate the total cost of each of the four jobs worked on in December. CC723 CH291 PS812 DS444 526200 497000 1265400 805500 Total Cost (b) Calculate the total manufacturing cost for December 1479100 Total manufacturing cost (c) Calculate the cost of goods manufactured for December. 2288600 Cost of goods manufactured (d) Calculate the balance in the Work in Process Inventory account on December 31 805500 Balance in work in process (e) Assume that Oriole sold 15,000 computer caddies, 12,000 chairs, and 4,500 desks in December. Calculate Cost of Goods Sold for the month of December and the ending Finished Goods Inventory balance on December 31. (For computation purpose round per unit rates to 2 decimal places, e.g. 3.54. Round final answers decmial places, e.g. 45,000.) to 0 Cost of goods sold Finished goods inventory