Chapter 16 Job Order Costing ON 2 G. 5751,870 69 TIMPLANT June 1 PR 16 4A Analyzing manufacturing cost accounts Fire Rock Company man . The following incomplete ledger accounts refer to tra y manufactures designer paddle boards in a wide variety of sc 's complete ledger accounts refer to transactions that are summarized for June Materials Balance 82.500 e 30 R on 30 Purchase 300.000 Work in Process 18 June 30 Completed Materis Director 30 Factory overhead scled Finished Goods June 1 Balance O ne 30 Cost of goods 30 Completed Wages Payable 30 V esiroured Factory Overhead June 1 Blo 33.000 Pactory director Indirect materials Other overend 237500 In addition, the following information is available: A Materials and direct labor were applied to six jobs in June Job No. Style Quantity Direct Materials Direct Labor 5 55.000 T200 93.500 71,500 T400 22000 2.500 204 60 000 T300 205 12400 $100 5254450 Total B. Factory overhead is applied to each job at a rate of 10% of direct labor cost C The June 1 Work in Process balance consisted of two jobs as follows Work in Process Job No. Style TIDO T200 $50.500 Total D. Customer jobs completed and units sold in June were as follows: Completed jene Job No Style T100 202 T200 203 T400 5200 T300 205 $100 Command Chapter 16 Job Order Costing Instructions 1. Determine the missing amounts associate le missing amounts associated with each letter. Provide supporting calculations by completing a table with the following headings: June 1 Cost of Direct Direct Work in Factory Total Unit Unit Units Units Goods Job No. Quantity Process Materials labor Overhead Cost Cost Cost Cost Sold Sold Sold 2. Determine the June 30 balances for each of the inventory accounts and factory overhead. Chapter 16 Job Order Costing ON 2 G. 5751,870 69 TIMPLANT June 1 PR 16 4A Analyzing manufacturing cost accounts Fire Rock Company man . The following incomplete ledger accounts refer to tra y manufactures designer paddle boards in a wide variety of sc 's complete ledger accounts refer to transactions that are summarized for June Materials Balance 82.500 e 30 R on 30 Purchase 300.000 Work in Process 18 June 30 Completed Materis Director 30 Factory overhead scled Finished Goods June 1 Balance O ne 30 Cost of goods 30 Completed Wages Payable 30 V esiroured Factory Overhead June 1 Blo 33.000 Pactory director Indirect materials Other overend 237500 In addition, the following information is available: A Materials and direct labor were applied to six jobs in June Job No. Style Quantity Direct Materials Direct Labor 5 55.000 T200 93.500 71,500 T400 22000 2.500 204 60 000 T300 205 12400 $100 5254450 Total B. Factory overhead is applied to each job at a rate of 10% of direct labor cost C The June 1 Work in Process balance consisted of two jobs as follows Work in Process Job No. Style TIDO T200 $50.500 Total D. Customer jobs completed and units sold in June were as follows: Completed jene Job No Style T100 202 T200 203 T400 5200 T300 205 $100 Command Chapter 16 Job Order Costing Instructions 1. Determine the missing amounts associate le missing amounts associated with each letter. Provide supporting calculations by completing a table with the following headings: June 1 Cost of Direct Direct Work in Factory Total Unit Unit Units Units Goods Job No. Quantity Process Materials labor Overhead Cost Cost Cost Cost Sold Sold Sold 2. Determine the June 30 balances for each of the inventory accounts and factory overhead