Work in Process December Activity Job No Balance Nov 30 Direct Material Direct Labor Machine Hours T11-007 $ 174,000 $ 3,000 $9,000 300 N11-013 110,000 8,000 24,000 1,000 N11-015 0 51,200 53,400 1,400 D12-002 0 75,800 40,000 2,500 D12-003 0 52,000 33,600 800 Total $284,000 $190,000 $160,000 6,000 Operating Activity Activity Through December Activity November 30 Actual manufacturing overhead incurred: Indirect material $ 250,000 $ 18,0000 Indirect material 690,000 60,000 Utilities 490,000 44,000 Depreciation 770,000 70,000 Total Overhead $2,200,000 $ 192,000 Other Data: Raw Material purchases* $1,930,000 $ 196,000 Direct-labor cost $1,690,000 $ 160,000 Machine hours 73,000 6,000 Account Balances at Beginning of Year January 1 Raw-material Inventory * $ 210,000 Work-in-process inventory 120,000 Finished-goods inventory 250,000 *Raw material purchases and raw-material inventory consist of both direct and indirect materials. The balance of the raw material inventory account as of December 31 of the year just completed is $170,000