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7 E2-1 (Algo) Posting Direct Materials, Direct Labor, and Applied Overhead to T-Accounts, Calculating Ending Balances (LO 2-2, 2-3, 2-4] 1 points Oak Creek Furniture Factory (OCFF), a custom furniture manufacturer, uses job order costing to track the cost of each customer order. On March 1, OCFF had two jobs in process with the following costs: Skipped Work in Process Job 33 Job 34 Balance on 3/1 $ 4,400 3,400 $ 7,800 eBook Hint Print Source documents revealed the following during March: References Materials Requisitions Labor Time Forms Tickets Status of Job at Month-End Job 33 $ 2,000 $ 4,100 Completed and sold Job 34 2,400 3,700 Completed, but not sold Job 35 5,000 3,000 In process Indirect 1,100 2,700 $ 10,500 $ 13,500 The company applies overhead to products at a rate of 65 percent of direct labor cost. Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. 7 $ 10,500 $ 13,500 The company applies overhead to products at a rate of 65 percent of direct labor cost. 1 points Skipped Required: 1. Compute the cost of Jobs 33, 34, and 35 at the end of the month. 2. Calculate the balance in the Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold accounts at month-end. eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 References Compute the cost of Jobs 33, 34, and 35 at the end of the month. Total Manufacturing Cost Job 33 Job 34 Job 35