TAKE HOME ASSIGNMENT 2 220 002 countertops. Most of its jobs are contracts for home builders. The following information is available for the month of July: 8. Triple C Ltd. is in the business of manufacturing cabinets, computer stands, and Added in July Costs Incurred to July 1 Direct Direct Job Direct Direct Number Materials Labour Materials Labour Status at July 31 0 Completed but $1,000 101 $9,000$2,000 1,500 100 not sold 2,000 Completed but 2,500 500 103 not sold Not completed Not completed 600 115 $800 200 Activity in accounts: Balance July 1 Opening Purchased in July Issued/Used in Ending Balance July 31 Account July $6,900 7,000 Direct Materials $8,000 $6,000 S ? Direct Labour On July 1,finished goods inventory consisted of one job, 105, with a total cost of $13,500. This job was sold during July (Note: Manufacturing overhead is applied at 135% of the direct labour cost) Instructions (12 marks) Calculate the following as at July 31: (a) The costs of completed jobs 101 and 103 (4 marks) (b) The account balances in Direct Materials Inventory (2 marks) (c) Work in Process Inventory (4 marks) (d) Finished Goods Inventory (2 marks)