Patriotic Enterprises makes flags. 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 80 percent of direct labor cost.

Required
Using T accounts, compute the unknownvalues.

AccountTransaction Beginning Materials Inventory Beginning Work in Process Inventory Beginning Finished Goods Inventory Materials purchased Direct materials requested Direct labor costs Overhead applied Cost of units completed Cost of Goods Sold Ending Materials Inventory Ending Work in Process Inventory Ending Finished Goods Inventory May June S36,240 56,480 44,260 s (e) 96,120 82,320 72,250 53,200 209,050 38,910 221,400 0) 41,950 47,940 51,180