Crane Corporation's fiscal year ends on November The following accounts are found in its job order cost accounting system for the first month of the new fiscal year.
Otherdata
On December two jobs were in process: Job No and Job No These jobs had combined direct materials costs of $ and combined direct labor costs of $ Overhead was applied at a rate that was of direct laber cost.
During December, Job Nos. and were started. On December Job No was unfinished. This job had charges for direct materials $ and direct labor $ plus manulacturing overhead. All jobs, except for Job No were completed in December.
On December Job No was in the finished goods warehouse. It had a total cost of $ On December Job No was the only finished job that was not sold. It had a cost of $
Manufacturing overhead was $ underapplied in December.
List the letters a through and indicate the amount pertaining to each letter.
tableDec Beginning balance,Raw Materials Inventory,aDec. RequisitionsPurchases,DecEnding balance,
tableWork in Process Inventory,DecBeginning balance,bDec. Jobs completedDirect materials,cDirect labor,Overhead,dDecEnding bolance,c
tableFinished Goods Inventory,,Dec Beginning balance,gDec. Cost of goods sold Jobs completed,hDec Ending balance,i
tableDecIndirect matorials,Dec. Overhead appliedIndirect labor,Other overhead,