Potts Company uses a job costing system and had the following data available for 20X3. Materials...

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Potts Company uses a job costing system and had the following data available for 20X3. Materials purchased on account Direct Materials requisitioned Indirect Materials requisitioned Direct labor incurred Cost of goods completed Cost of goods sold, before any variances. Beginning materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as a percent of direct labor cost) The manufacturing overhead applied to the work in process is: 8. The ending materials inventory is: 9. The ending work in process inventory is: The ending finished goods inventory is $90,000 $40,000 $1,000 $50,000 $200,000 $150,000 $20,000 $21,000 $22,000 80% 7. 8. 9. 10. Potts Company uses a job costing system and had the following data available for 20X3. Materials purchased on account Direct Materials requisitioned Indirect Materials requisitioned Direct labor incurred Cost of goods completed Cost of goods sold, before any variances. Beginning materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as a percent of direct labor cost) The manufacturing overhead applied to the work in process is: 8. The ending materials inventory is: 9. The ending work in process inventory is: The ending finished goods inventory is $90,000 $40,000 $1,000 $50,000 $200,000 $150,000 $20,000 $21,000 $22,000 80% 7. 8. 9. 10.