P3. 38A (LO 2, 3,4, 5, 6) Vargas Corporation's fiscal year ends on June 30. The following accounts are Analyze d in its job-order cost accounting system for the first month of the new fiscal year and dete Raw Materials Inventory JulyI Beginning balance 31 Purchases 15000 July 31 Requisitions 90.400 July 31 Ending balance Work in Process Inventory July 1 Beginning balance 31 Direct materials July 31 Jobs completed( 75,000 31 Direct labour 31 Overhead July 31 Ending balance Finished Goods Inventory July 1 Beginning balance Completed jobs Ending balance (h) July 31 Cost of goods sold G) 31 July 31 Factory Labour ) July 31 Wages assigned(m) July 31 Factory wages Manufacturing Overhead Indirect materials 9,000 July 31 Overhead applied 114,000 16,000 July 31 31 Indirect labour 31 Other overhead Other data: 1. On July 1, two jobs were in process: Job No. 4085 and Job No. 4086, with costs of $19,000 and $13.200, respectively 2. During July, Jobs 4087, 4088, and 4089 were started. On July 31, only Job No. 4089 was unfinished. This job had charges for direct materials of $2,000 and direct labour of $1,500, plus manufacturing overhead. Manufacturing overhead was applied at the rate of 125% of direct labour cost. 3. On July 1, Job No. 4084, costing $145,000, was in the finished goods warehouse. On July 31, Job No. 4088, costing $138,000, was in finished goods. 4. Overhead was $3,000 under-applied in July. Instructions List the letters (a) through (n) and indicate the amount pertaining to each letter. Show calculations