Question: Not sure what is missing, this is the entire question. *Problem 15-5A X Your answer is incorrect. Try again. Phillips Corporation's fiscal year ends on

 Not sure what is missing, this is the entire question. *Problem

15-5A X Your answer is incorrect. Try again. Phillips Corporation's fiscal year

Not sure what is missing, this is the entire question.

*Problem 15-5A X Your answer is incorrect. Try again. Phillips Corporation's fiscal year ends on November 30. The following accounts are found in its job order cost accounting system for the first month of the new fiscal year. Other data 1. On December 1, two jobs were in process: Job No. 154 and Job No. 155. These jobs had combined direct materials costs of 2. During December, Job Nos. 156, 157, and 158 were started. On December 31, Job No. 158 was unfinished. This job had $9,950 and direct labor costs of $15,600. Overhead was applied at a rate that was 75% of direct labor cost. 5,300, plus manufacturing overhead. All jobs, except for Job No. 158, charges for direct materials $4,100 and direct labor were completed in December. On December 1, Job No. 153 was in the finished goods warehouse. It had a total cost of $5,500. On December 31, Job No. 157 was the only job finished that was not sold. It had a cost of $4,200. Manufacturing overhead was $1,220 underapplied in December. 3. 4

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