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:

Job No.		Item		Units		Accumulated Cost
CC723		Computer caddy		25,000			$960,000
CH291		Chair		18,000			433,000
PS812		Printer stand		26,000			300,000
							$1,693,000

On November 30, Sheffields Raw 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 companys 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 pursposes of this problem, ignore year-end disposition of over / under applied overhead. Sheffield purchased $648,000 in raw materials in December and incurred the following costs for jobs in process that month:

Job No.		Materials Issued		Machine Hours		Direct Labor Hours		Direct Labor Cost
CC723		$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		25,000
CH291		Chair		18,000
DS444		Desk		9,000

(a)

Calculate the total cost of each of the four jobs worked on in December.

		CC723		CH291		PS812		DS444
Total Cost		$Enter a dollar amount Enter a dollar amount		$Enter a dollar amount Enter a dollar amount		$Enter a dollar amount Enter a dollar amount		$Enter a dollar amount Enter a dollar amount

(b)

Calculate the total manufacturing cost for December.

Total manufacturing cost

$Enter total manufacturing cost in dollars Enter total manufacturing cost in dollars

(c)

Calculate the cost of goods manufactured for December.

Cost of goods manufactured

$Enter cost of goods manufactured in dollars Enter cost of goods manufactured in dollars

(d)

Calculate the balance in the Work in Process Inventory account on December 31.

Balance in work in process

$Enter the balance in work in process in dollars Enter the balance in work in process in dollars

(e)

Assume that Sheffield sold 15,000 computer caddies, 12,000 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 0 decmial places, e.g. 45,000.)

Cost of goods sold		$Enter cost of goods sold in dollars rounded to 0 decimal places Enter cost of goods sold in dollars rounded to 0 decimal places
Finished goods inventory		$Enter finished goods inventory in dollars rounded to 0 decimal places Enter finished goods inventory in dollars rounded to 0 decimal places