Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job...

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Accounting

Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job 107-were worked on during
November and December. Job 105 was completed on December 10; the other two jobs were still in production on December 31, the
end of the company's operating year. Data from the job cost sheets of the three jobs follow:
The following additional information is available:
a. Manufacturing overhead is applied to jobs on the basis of direct labour cost.
b. Balances in the inventory accounts at November 30 were as follows:
Required:
Prepare T-accounts for Raw Materials, Work in Process, Finished Goods, and Manufacturing Overhead. Enter the November 30
inventory balances given above; in the case of Work in Process, compute the November 30 balance and enter it into the Work in
Process T-account.
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