W DE RTS DR Chapter 16-Hastery 116.01 ALGO Type here to search Mastery Problem: Job Order Costing Purt of Great Price Company Maria Young is the sole stockholder of Purl of Great Price Company (POGP Company), which produces high-end knitted sweaters and sweater vests for sale to retail outlets. The company started in January of the current year, and employs three knitters (each of whom work 40 hours per week) and one office manager/knitting supervisor (this employee works 20 hours per week as office managic, and 20 hours per week as knitting supervisor). All wage are paid in cash at the end of each month Each knitter has a knitting machine that is used about 2/3 of the knitter's time, the rest of the knitter's time being involved in hand knitting and piecin together the garments. The company also has a packaging machine used to wrap the garments in plastic for shipping, which is operated by the office manager/knitting supervisor approximately 5 hours per week. The knitting machines were purchased on January 1 of the current year, and cost $2,400 each, with an anticipated useful life of 10 years and no salva value. The packaging machine was purchased on the same date and cost $4,800, with the same anticipated useful life and salvage value. Nov. 30 Trial Balance FOGP Company Trial Balance November 30, 2018 Account Title Debit Credit Cash 20,000 Accounts Receivable Supples Materials 1,000 200 5,000 Check My Work 10 mare Check My Work uses remaning D 46F Ram showers