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homepage Wyldu MewCon Login ESL 90 Spring 2021 Gram Check C Che Sidy Pac R16 4 BOOK Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sites and styles. The following incomplete ledger accounts refer to transactions that are summarized for une Materials 27.400 lune 30 110,200 Tuin June 30 Balance purchases Requisitions UA) Work in Process (une 30 Completed Jobs CH June 1 June 30 June 30 June Materials Direct labor Factory overhead applied DO Finished Goods une 30 Cost of goods sold 10 June Jun 30 alace Completed Jobs Wages Payable un 30 Wages inted 12 300 > Balance Factory overhead applied (E) Indirect labor June 1 June 30 June 30 June 30 Factory Overhead 22,400 June 30 (H) 14,700 107,600 Indirect materials Other overhead In addition, the following information is available: a. Materials and direct labor were applied to six jobs in June: Job No. Style Quantity Direct Materials Direct Labor 201 T100 190 202 T200 420 $18,540 33,780 9,490 33,930 203 T400 170 $14,000 27,000 7,000 29,000 16,000 4,000 204 S200 290 205 T300 170 16,640 206 S100 110 4,820 Total 1,350 $117,200 $97,000 b. Factory overhead is applied to each job at a rate of 170% of direct labor cost. C. The June 1 Work in Process balance consisted of two jobs, as follows: b. Factory overhead is applied to each job at a rate of 170% of direct labor cost The June 1 Work in Process balance consisted of two jobs, as follows Job No Style Work in process, June 1 201 T100 $5,600 202 1200 16,800 Total 22.400 Job d. Customer jobs completed and units sold in June were as follows: Completed in Units sold in No. Style June June 201 T100 152 202 7200 x 316 200 7400 D 204 5200 x 244 105 T300 101 208 5100 0 1. Determine the missing amounts on the complete the following the If required, round amounts to the rest dollar amounts as bomber 1. Determine the thing amounts associated with such better and complete the following the required round amounts to the nearest domar. It an newer is pero enter in Winter All att se numer Job Quantity De 1 Work in Process Direct Materials Direct Labor Factory Overhead Total Cost the Cust this Sol Cast of Goods Sold No. 201 195.000 $14.000 01.10 120 ACSI 49,552 10.540 23,780 No 202 420 15,000 27,000 12140 ASE 250 23,000 45.900 11,000 4.300 No 200 170 7.000 2100 1204 290 23.30 29.000 10 621 112.30 SD 244 103 10 16.40 No. 205 152 22,200 40,632 11,000 4.000 The 2016 110 4,020 6.000 AD 15.620 000121 1,350 $22.400 11200 164,000 403.500 2.00 Material regions 22.400 1. Wakin os beginning Direct material 117,200 Director 7.000 a. Materials requisitions b. Work in process beginning balance 22,400 c. Direct materials 117,200 d. Direct labor $ 97.000 e. Factory overhead applied s 164,900 f. Completed jobs 357,490 g. Cost of goods sold 292,396 h. Indirect labor 24,300 2. Determine the lune 30 balances for each of the inventory accounts and factory overhead. Use the minus sign to indicate any credit balances Materials 4,300 x Work in process S 44,010 Finished goods 94,494 x Factory overhead 4,500X