Winnebago Manufacturing Company is a small family owned business that makes specialty plastic products. Since it was started three years ago, the company has grown quickly and now employs ten production people. Because of its size, the company uses a job order cost accounting system that was designed around a periodic inventory system. Work sheets and special analyses are used at Winnebago to account for manufacturing costs and inventory valuations. Two months ago, in May 20X4, the company's accountant quit. You have been called in to help management. The attached information has been given to you as well as the additional information below. The company purchased materials only once, during February, for $126,500. All jobs use the same materials. For the current year, the company has been using a predetermined manufacturing overhead application rate of 140% of direct labor cost. So far, two jobs, K-2 and K-4, have been completed. Jobs K-1 and K-2 have been completed and shipped to customers. Job K-1 contained 3,200 units; Job K-2,5,500 units; and Job K-4, 4,600 units. REQUIRED: (1) (2) Reconstruct the job order cost sheets for each job worked on during the period. Round all calculations to the nearest whole dollar. Calculate the costs per unit for K-1, K-2, and K-4. Round all calculations to three decimal places. From the information given, prepare a T account analysis to calculate the current balances in the three inventory accounts and the cost of goods sold account. (3) WINNEBAGO MANUFACTURING COMPANY ACCOUNTING INFORMATION PROVIDED FOR JOB ORDER COSTING Inventory Balances at 1/1/X4: Direct Materials $ 50,420 Work in Process (Job K-2) 59,100 Finished Goods (Job K-1) 76,480 Direct Materials Requisitioned into Production in 20X4: Job K-2 33,850 Job K-4 Job K-6 53,380 82,400 Direct Labor For 20X4: Job K-2 Job K-4 Job K-6 25,300 33,480 45,600