Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company had one job in process (Job 201) and one job completed but not yet sold (Job 200). Job 202 was started during January. Other select account balances follow (ignore any accounts that are not listed). During January, the company had the following transactions: (a) Purchased $69,000 worth of materials on account. (b) Recorded materials issued to production as follows: Total Cost Job Number 201 $11,600 202 21,200 Indirect materials 6,300 $39,100 (c) Recorded factory payroll costs from direct labor time tickets that revealed the following: Total Cost Job Number Hours 201 202 117 393 $ 2,600 Factory supervision 10,600 5,300 $18,500 (d) Applied overhead to production at a rate of $28.00 per direct labor hour for 510 actual direct labor hours. (e) Recorded the following actual manufacturing overhead costs: Item Total Cost Description Paid in cash Factory equipment Incurred but not paid Factory rent $ 2,600 Depreciation 4,900 Factory utilities 3,000 Factory insurance 3,000 Prepaid policy $13,500 (f) Completed Job 201 and transferred it to Finished Goods Inventory. (g) Sold Job 200 for $51,600. Job 202 was still in process at the end of January. Required: 1. Post the preceding transactions to T-accounts. (Note: Capture the offsetting of debits and credits to other accounts such as Cash, Payables, Accumulated Depreciation, and so on in Miscellaneous Accounts.) 2. Compute the ending balance in the following accounts: a. Raw Materials Inventory. b. Work in Process Inventory. c. Finished Goods Inventory. d. Cost of Goods Sold (unadjusted). e. Manufacturing Overhead (Specify if overhead is overapplied or underapplied). 3. Compute the total cost of Jobs 201 and 202 at the end of January. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Post the preceding transactions to T-accounts. (Note: Capture the offsetting of debits and credits to other accounts such as Cash, Payables, Accumulated Depreciation, and so on in Miscellaneous Accounts.) Raw Materials Inventory 1/1 (a) 32,000 1/1 69,000 39,100 (b) (b) (c) Bal. 61,900 (d) Work in Process Inventory 25,500 32,800 1/1 Finished Goods Inventory 28,000 Bal. 28,000 1/1 Bal. Cost of Goods Sold 0 Manufacturing Overhead Sales Revenue 1/1 1/1 Bal. 1/1 0 Miscellaneous Accounts (Cash, Payables, etc.) Bal. Required 1 Required 2 > 0 3. Compute the total cost of Jobs 201 and 202 at the end of January. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the ending balance in the following accounts: a. Raw Materials Inventory. b. Work in Process Inventory. c. Finished Goods Inventory. d. Cost of Goods Sold (unadjusted). e. Manufacturing Overhead (Specify if overhead is overapplied or underapplied). a. Raw Materials Inventory b. Work in Process Inventory C. Finished Goods Inventory d. Cost of Goods Sold (unadjusted) Manufacturing Overhead (Specify if overhead is e. overapplied or underapplied) < Required 1 Required 3 > Show less 3. Compute the total cost of Jobs 201 and 202 at the end of January. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the total cost of Jobs 201 and 202 at the end of January. Job Number Total Cost of Job 201 202 < Required 2 Required 3