Rodman Corporation€™s fiscal year ends on November 30. The following accounts are found in its job order cost accounting system for the first month of the new fiscal year.

Other data:
1. On December 1, two jobs were in process: Job No. 154 and Job No. 155. These jobs had combined direct materials costs of $9,750 and direct labor costs of $15,000. Overhead was applied at a rate that was 75% of direct labor cost.
2. During December, Job Nos. 156, 157, and 158 were started. On December 31, Job No. 158 was unfinished. This job had charges for direct materials $3,800 and direct labor $4,800, plus manufacturing overhead. All jobs, except for Job No. 158, were completed in December.
3. On December 1, Job No. 153 was in the finished goods warehouse. It had a total cost of $5,000. On December 31, Job No. 157 was the only job finished that was not sold. It had a cost of $4,000.
4. Manufacturing overhead was $230 overapplied in December.

Instructions
List the letters (a) through (m) and indicate the amount pertaining to eachletter.

Transcribed Image Text:

Raw Materials Inventory Dec. Beginning balance Dec. 3 Ending balance Dec. Beginning balance (a) Dec. 3 Requisitions 16,850 31 Purchases 19,225 7,975 Work in Process Inventory (b) Dec. 31 Jobs completed 31 Direct materials 31 Direct labor 31 Overhead 8,800 Dec.3 Ending balance Dec. Beginning balance Dec. 3 Ending balance Dec. 31 Factory wages Finished Goods Inventory (g) Dec. 31 Cost of goods sold 31 Completed jobs 0) Factory Labor 12,025 Dec. 31 Wages assigned Manufacturing Overhead Dec. 3 Indirect materials 31 Indirect labor 31 Other overhead 1,900 Dec. 31 Overhead applied 1,245