Problem 15-5A Your answer is partially correct. 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 $9,850 and 2. During December, Job Nos. 156, 157, and 158 were started. On December 31, Job No. 158 was unfinished. This job had charges for direct 3. On December 1, Job No. 153 was in the finished goods warehouse. It had a total cost of $5,600. On December 31, Job No. 157 was the 4. Manufacturing overhead was $1,320 underapplied in December. List the letters (a) through (m) and indicate the amount pertaining to each letter. direct labor costs of $16,000. Overhead was applied at a rate that was 75% of direct labor cost. materials $4,000 and direct labor $5,200, plus manufacturing overhead. All jobs, except for Job No. 158, were completed in December. only job finished that was not sold. It had a cost of $4,300