Simpson Office Furniture worked on the following jobs in December: AC 130 BD 75 PS 400 DC 48 Costs added in November Materials $500,000 $156,000 Direct labor cost $125,000 300,000 190,000 80,000 Applied overhead 100,000 85,000 45,000 20,000 MH 17,000 MH 9,000 MH Costs added in December Materials $155,000 $13,800 $211,000 $252,000 Direct labor cost 122,400 43,200 200,500 138,000 On November 30, Simpson's Materials Inventory account totaled $668,000 and Finished Goods totaled $750,000 Simpson applies OH on the basis of machine hours. Machine hours for each job, in order were 12,000, 4,400, 19,500 and 14,000. Simpson purchased $638,000 in materials in December, Jobs AC 130, BD 75 and DC 48 were completed in December, and Jobs AC 130 and Job AC 129 (cost $750,000) were sold for $2,000,000 and $1,000,000 respectively Job AC 129 was the only job in the Finished Goods Inventory on November 30. Actual overhead costs for the month were $425,000. . Calculate the total cost of each of the four jobs worked on in December B. Which job/jobs are in COGM and calculate the cost of goods manufactured for December. Which job/jobs are in Work in Process on November 30 and December 31, respectively, and calculate the cost of each inventory. . Calculate the total manufacturing costs for December Which job/jobs are in COGS and calculate COGS. 4-16 F Calculate the over/under applied OH. Prepare the journal entry to dispose of it. G. Enter the information above into the following T.Accounts. Do not include the over- or under-applied overhead. Raw Materials inv. Work in Process Inv. Finished Goods Inv. Manufacturing Overhead Control Cost of Goods Sold H. Prepare a cost of goods manufactured statement using applied overhead Prepare the cost of goods sold section 4-17