Hard Core Enterprises makes peripheral equipment for computers. Emily Vit, the company's new controller, can find only the following partial information for the past two months:

The current year's predetermined overhead rate is 110 percent of direct labor cost.

Required
Using the data provided and T accounts, compute the unknown values.

Transcribed Image Text:

July 52,000 August Materials Inventory Beginning Work in Process Invenory 24,000 Beginning Finished Goods Invenory 36,000 Materials purchased Direct materials requested Direct labor costs Overhead applied Cost of units completed Cos of Goods Sold Ending Matcrials Inventory Ending Work in Process Inventory Ending Finished Goods Inventory 31,000 44,000 167,000 8,000 19,000 77,000 53,200 188,000 27,000 12,000