Problem $15-1$B Production costs computed and recorded; reports prepared $C2$

Perez Mfg$.\text{'}$s August $31$ inventory of raw materials is $$150,000.$ Raw materials purchases in September are $$400,000,$ and factory payroll cost in September is $$232,000.$ Overhead costs incurred in September are: indirect materials, $$30,000$; indirect labor, $$14,000$; factory rent, $$20,000$; factory utilities, $$12,000$; and factory equipment depreciation, $$30,000.$ The predetermined overhead rate is $50\%$ of direct labor cost. Job $114$ is sold for $$380,000$ cash in September. Costs for the three jobs worked on in September follow.

$\backslash$table$[[,$Job $114,$Job $115,$Job $116],[$Balances on August $31,,,],[$Direct materials,$$14,000,$$$18,000,],[$Direct labor,$18,000,16,000,],[$Applied overhead,$9,000,8,000,],[$Costs during September,,,$],[$Direct materials,$100,000,170,000,$$$80,000$