Question: Need help with accounting question. Please show your work to help me understand. Thank you. During September, the following events occurred: 1. Furr purchased direct
During September, the following events occurred: 1. Furr purchased direct materials costing $372,000 on account. 2. Furr used $364,000 in direct materials in production. 3. Furr's employees clocked 20,000 direct labor hours at an average wage rate of $1500 per direct labor hour. 4. 'The company incurred $428,000 in manufacturing overhead, including $77,200 in indirect labor costs. 5. Using direct labor hours as the application base, the company applied $420,000 of manufacturing overhead to jobs worked on in September. 6. The company completed production on jobs costing $1,040,000. 7. The company delivered jobs costing $990,000 to customers. Required a. Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory aceounts. b. Calculate total manufacturing costs for September
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