Hello,

Can you please assist. I have completed the first portion, but I am stuck on 5 on Adding: Begining work in process inventory when I am completing the Statement of Cost of Goods Manufactured for July

Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of July, the firm processed three jobs: X13, X14, and X15, of which X13 was started in June

	July 1				July 31
Inventories
Direct Materials	$	37,400				?
Work-in-Process		42,800				?
Finished Goods		0				0
Cost of Goods Sold	$	?
Direct materials purchased in July		64,000
Materials issued to production:
X13		17,460
X14		31,420
X15		14,450
Factory labor hours used ($30/hour):
X13		3,950
X14		3,250
X15		2,050
Indirect labor		7,350
Other factory overhead costs incurred:
Rent	$	136,000
Utilities		551,850
Repairs and maintenance		193,000
Depreciation		135,600
Other		60,500

5. Prepare the Statement of Cost of Goods Manufactured for July.

6. Compute the amount of overapplied or underapplied overhead.

7. What is the cost per unit of Job X13 if it has a total of 100 units?

8. Prepare the Statement of Cost of Goods Sold for July.