Hint(s) |Check My Work a eBook to Problem-solving strategy Analyzing Manufacturing Cost Accounts Big Wave Company manufactures surf boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for July: Materials July 1 Balance 27,100 July 31 Requisitions (A) July 31 Purchases 108,700 work in Process July 1 Balance (B) July 31 Completed jobs (F) July 31 Materials July 31 Direct labor (D) July 31 Factory overhead applied Finished Goods July 1 July 31 Balance OJuly 31 Cost of goods sold (G) Completed jobs Wages Payable July 31 wages incurred 115,000 Factory overhead July 1 Balance 21,30o puly 31 Factory overhead applied (E) July 31 Indirect labor July 31 Indirect materials 14,500