Divine Bath Works is a leader in the bath fixtures industry, rising to prominence with the introduction of over-the-counter sinks. The following data pertain to September, the last month of Divine€™s fiscal year.

The WIP inventory on 9/1 comprised one job, Job X, for 700 units of Model OO, an oval, over-the-counter sink. The finished goods inventory on 9/1 comprised the following:

Divine uses a normal costing system, combined with the FIFO inventory flow assumption, to value its inventories. That is, Divine traces actual materials and labor costs to individual jobs. It allocates overhead using a predetermined rate computed at the start of the year. Divine allocates all overhead using labor dollars as the allocation basis.
Divine prepared the following annual overhead cost budget at the start of the year.

Divine also informs you that it had budgeted for 80,400 labor hours at the start of the year. As of September 1, the company had incurred 75,315 actual labor hours and spent $1,569,450 in overhead costs.
During September, Divine purchased $112,340 of raw materials and $26,430 of supplies.
The following table shows the consumption of raw materials during September.

Divine consumed $22,000 of supplies during September.
Divine incurred the following labor expenses during September:

The following comprises actual overhead expenses (other than supplies and indirect labor) during the month.

Finally, Divine completed all jobs except Job B during September. It also sold the following items during the month.

Required:
Compute the following amounts:
a. The ending balance in raw materials and supplies inventory.
b. The predetermined overhead rate per labor hour.
c. The ending balance in WIP inventory.
d. The ending balance in finished goods inventory.
e. Cost of goods manufactured.
f. Cost of goods sold (prior to the adjustment for under or overapplied overhead).
g. The amount of under- or overappliedoverhead.

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Type of Inventory Raw materials and supplies Work in process Finished goods B r I alance as of September $28,100 $124,320 $245,000 Model Number (description QuyCstperUnit Value OO (Ova, over-the counter) RI (Round, in-the-counter) OI (Oval, in-the-counter) Total 100 $320.00 $197.25 $298.00 $32,000 $78,900 S134,100 $245,000 400 450 Cost Item Budgeted Amount Supplies Indirect labor Supervision Depreciation Utilities Factory rent Total $290,000 422,340 228,520 425,800 136,740 185,000 S1,688.400 Job numberX Model Description v, OTC Oval, in sin Units Raw materials $22,000 Detail of Issues to WIP Ol 500 RO RI nd, OTC Round, in sink 700 $11,450 700 200 $24,000 $58,000 Joh Hours Amount $32.000 Direct labor X 920 S34,560 K 2430 SA3,740 L 1,678 $29,365 845 S15.210 ten Indirect labor Cost InemA Supervision Depreciation Utilitics Factory rent Actual Amount (for Sebtemb y $18,400 $32,650 $8,900 $15,400 Model Units Sold 750 200 400 150 00 RI OI RO