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Please help SCPC Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team's uniform is unique in color

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SCPC Corp. designs and manufactures mascot uniforms for high school, college, and professional sports teams. Since each team's uniform is unique in color and designI Waterway uses a job order costing system. Dn January 1. the Taccounts for so me of Waterway's primary balance sheet accounts were as follows: Raw Materials lnventoryWork in Process Inventoryr U1 59,9 DD HIE-4.1300 Finished GoodsCash U1 38.60131! 13 5,200 Accounts Receivablehccounts Payable lfl 41.3130 1f141300 During the year. the following events occurred: 1. Waterway purchased rawr materials costing Sll on account. 2. Waterway used 5149,3131} of raw materials in production. Of these. 80% were classified as direct materials and 2D% as indirect materials. {Waterway maintains a single Raw Materials Inventory account.) Waterway used 31,1013 hours of direct labor. The company's average direct labor rate was $14 per hour {c redit Wages Payable]. The company's indirect labor cost was $168,000 [credit Wages Payable}. l{C'Jther manufacturing overhead costs the company incurred on account totaled $94,400. Waterway applied 5316,8130 in manufacturing overhead. 991:" E"-1 1". The companyr completed production of goods costing $885,500. 8. The company's Cost of Goods Sold balance was $891,900 before adjusting for over or underapplied overhead. 9. Sales revenue was $1,060,000 [all sales were made on account}. 10.Waterway collected $803,200 from customers. 11. The companyr paid accounts payable of $201,300. lll'it yearend. all wages earned during the year had been paid. Assuming that Watenvay prorates under or overapplied overhead to the appropriate accounts, calculate the adjusted Work in Process Inventory, Finished Goods Inventory. and Cost of Goods Sold balances for the year. {Round 96 offatal to 3 declmalplaces, 9.9L 1.235, allocation and nal answers to 0 daclmal places, 9.9L 52.) Adjusted Balance Work In Process Finished Goods Cost of Goods Sold

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