Sheffield, Inc. manufactures ergonomically designed computer furniture. Sheffield uses a job order costing system. On November 30, the Work in Process Inventory consisted of the following jobs: Accumulated Cost Job No. CC723 CH291 PS812 Item Units Computer caddy 20,000 $960,000 Chair Printer stand 10,000 433,000 26,000 300,000 $1,693,000 On November 30, Sheffield's Direct Materials Inventory account totaled $697,000, and its Finished Goods Inventory totaled $3,476,400. Sheffield applies manufacturing overhead on the basis of machine hours. The company's manufacturing overhead budget for the year totaled $5,000,000, and the company planned to use 1,000,000 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 purposes of this problem, ignore year-end disposition of over/under applied overhead. Sheffield purchased $648,000 in direct materials in December and incurred the following costs for jobs in process that month: Job No. CC723 Materials Issued Machine Direct Labor Direct Labor Hours Hours Cost $192,000 13,000 13.200 $122,400 CH291 $18,500 4,600 4,000 $47,200 PS812 $247,000 22,000 14,300 $225,500 DS444 $260,000 17,000 16,900 $138,000 The following jobs were completed in December and transferred to the Finished Goods Inventory: Job No. Item Units CC723 Computer caddy 20,000 CH291 DS444 Chair 10,000 Desk 7,000 (a) Calculate the total cost of each of the four jobs worked on in December. CC723 Total Cost $ CH291 $ (b) Calculate the total manufacturing cost for December. Total manufacturing cost $ (c) Calculate the cost of goods manufactured for December. Cost of goods manufactured $ PS812 DS444 $ $ (d) Calculate the balance in the Work in Process Inventory account on December 31. Balance in work in process $ (e) Assume that Sheffield sold 8,200 computer caddies, 10,000 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 to O decmial places, e.g. 45,000.) Cost of goods sold Finished goods inventory $