Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for June:

In addition, the following information is available:
a. Materials and direct labor were applied to six jobs in June:

b. Factory overhead is applied to each job at a rate of 140% of direct labor cost.
c. The June 1 Work in Process balance consisted of two jobs, as follows:

d. Customer jobs completed and units sold in June were as follows:

Instructions
1. Determine the missing amounts associated with each letter. Provide supporting calculations by completing a table with the following headings:

2. Determine the June 30 balances for each of the inventory accounts and factoryoverhead.

Materials June 1 Balance 82,500 Je 30 Requisitions 30 Purchases 330,000 Work in Process June 1 Balance (B) June 30 Completed jobs 30 Materials 30 Direct labor 30 Factory overhead applied Finished Goods June 1 Balance 0 June 30 Cost of goods sold 30 Completed jobs Wages Payable June 30 Wages incurred 330,000 Factory Overhead 33,000 June 30 Factory overhead applied 44,000 June Balance 30 Indirect labor 30 Indirect materials 30 Other overhead 237500 Job No. Style Quantity Direct Materialsect Labor 201 202 203 204 205 206 T100 T200 T400 S200 T300 S100 Total 550 1,100 550 660 480 380 3,720 55,000 93,500 38,500 82,500 60,000 22,000 $351,500 $ 41,250 71,500 22,000 69,300 48,000 12,400 $264,450 Job No. Job 201 Job 202 Total Style T100 T200 Work in Process, June 1 $16,500 44,000 60,500 Completed Units Sold Job No.Stylein June 201 202 203 204 205 206 in June 440 880 T100 T200 T400 200 T300 5100 0 570 420 June 1 Work in Cost of Direct Factory Toa Unit Units Goods Job No. Quantity Po Materials Labor Overhead Co Cost Sold Sold