The WildSide Company modifies production motorcycles for superbike racing to customer order. It operates a job costing system. The following information is available for the month of June 20X3:

Purchases during June:

Direct material $30,000

Direct labour costs incurred during June: 20,400 (i.e. $40 per hour * 510 hours).

Manufacturing overhead is applied based on a rate $1.5 per direct labour dollar.

Other costs incurred during June:

Manufacturing supplies inventory issued $6,000

Indirect labour cost $3,500

Depreciation of manufacturing equipment $12,000

Electricity-Factory $8,500

Jobs costing $64,500 were sold at the price of $76,400 on credit at the end of June.

Required:

Complete the T- accounts providing the amounts of a) to p) to show the flow of costs through the companys manufacturing accounts.

Raw materials inventory Work in process inventory OB $30,000 (6) OB $46,250 a) d) e) CGM 53,250 f) C/B 71,500 Finished goods inventory $34,500 h) Cost of goods sold j) O/B i) C/B 23,250 ECO Manufacturing overhead k) p) 1) m) 0 [ Note: O/B denotes opening balance on 1 June. C/B denotes closing balance on 30 June. CGM denotes costs of goods manufactured