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Wildhorse Corporation's fiscal year ends on November 3 0 . The following accounts are found in its job order cost accounting system for The hrst

Wildhorse Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system for
The hrst month of the new fiscal year.
Other data:
On December 1, two jobs were in process: Job No.154 and Job No.155. These jobs had combined direct materials costs of
$12.6/5 and combined direct labor costs of $19,500. Overhead was applied at a rate that was /5% of direct labor cost.
During December, Job Nos. 156,157, and 158 were started. On December 31, Job No.158 was unfinished. This job had
charges for direct materials $4,940 and direct labor $6,240, plus manufacturing overhead. All jobs, except for Job No.158.
were completed in December.
On December 1, Job No.153 was in the finished goods warehouse. It had a total cost of $6,500. On December 31. Job No.157
was the only finished job that was not sold. It had a cost of $5,200.
Manufacturing overhead was $1,926 underapplied in December.
List the letters (a) through (m) and indicate the amount pertaining to each letter.
Dec. 1
Beginning balance
21 Purchases
Dec. 31
Ending balance
Raw Materials Inventory
Dec. 31
22.405
10290
Work in Process Inventory
(b)
Dee 31
Sons completed
Requisitions
21,905
Dec. 1 Beginning balance
21
Direct materials
31
Direct labor
31
Overhead
Dec. 31 Ending balance
10.920
(d)
(e)
Finished Goods Inventory
(g)
Dec. 31 Cost of goods sold
Dec.1 Beginning balance
31
Jobs completed
Dec. 31 Ending balance
Dec. 31
Dec. 31 Indirect materials
31
Indirect labor
31 Other overhead
Textbook and Media
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Factory Labor
15,645
Dec. 31
Wages assigned
Manufacturing Overhead
3.770
Dec. 31
Overhead applied
1.621
(k)
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