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 factory overhead.

Materlals 82,500 June 30 Requisitions 330,000 June 1 Balance (A 30 Purchases Work in Process June 1 Balance (B) June 30 Completed jobs 30 Materials 30 Direct labor (D) 30 Factory overhead applied Finished Goods 1 Balance 30 Completed jobs 0 June 30 Cost of goods sold (F) June Wages Payable June 30 Wages incurred 330,000 Factory Overhead 33,000 June 30 Factory overhead applied (H) 44,000 237,500 June 1 Balance (E} 30 Indirect labor 30 Indirect materials 30 Other overhead