Big Wave Company manufactures surfboards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized for July:

Materials July 1 Balance 33,300 July 31 Requisitions (A) July 31 Purchases 134,000 Work in Process July 1 Balance (B) July 31 Completed jobs (F) July 31 Materials (C) July 31 Direct labor (D) July 31 Factory overhead applied (E) Finished Goods July 1 Balance 0 July 31 Cost of goods sold (G) July 31 Completed jobs (F) Wages Payable July 31 Wages incurred 112,500 Factory Overhead July 1 Balance 20,600 July 31 Factory overhead applied (E) July 31 Indirect labor (H) July 31 Indirect materials 17,800 July 31 Other overhead 67,700 In addition, the following information is available:

a. Materials and direct labor were applied to six jobs in July: Job No. Style Quantity Direct Materials Direct Labor No. 21 X-10 170 $20,310 $13,000 No. 22 X-20 400 38,500 25,000 No. 23 X-50 230 17,960 9,000 No. 24 T-20 240 36,480 24,000 No. 25 X-40 150 18,900 14,000 No. 26 T-10 150 10,350 5,000 Total 1,340 $142,500 $90,000

b. Factory overhead is applied to each job at a rate of 140% of direct labor cost.

c. The July 1 Work in Process balance consisted of two jobs, as follows: Job No. Style Work in Process, July 1 Job 21 X-10 $5,100 Job 22 X-20 15,500 Total $20,600

d. Customer jobs completed and units sold in July were as follows: Job No. Style Completed in July Units Sold in July No. 21 X-10 X 136 No. 22 X-20 X 320 No. 23 X-50 0 No. 24 T-20 X 202 No. 25 X-40 X 125 No. 26 T-10 0

1. Determine the missing amounts associated with each letter and complete the following table.

If required, round amounts to the nearest dollar. If an answer is zero, enter in "0". Enter all amounts as positive numbers. Job No. Quantity July 1 Work in Process Direct Materials Direct Labor Factory Overhead Total Cost Unit Cost Units Sold Cost of Goods Sold No. 21 $ 5,100 $ 20,310 $ 13,000 $ $ $ $ No. 22 15,500 38,500 25,000 No. 23 17,960 9,000 No. 24 36,480 24,000 No. 25 18,900 14,000 No. 26 10,350 5,000 Total $20,600 142,500 90,000 $ $ $ a. Materials Requisitions $ b. Work in Process Beginning Balance $ c. Direct Materials $ d. Direct Labor $ e. Factory overhead applied $ f. Completed jobs $ g. The cost of goods sold $ h. Indirect labor $

2. Determine the July 31 balances for each of the inventory accounts and factory overhead. Use the minus sign to indicate any credit balances. Materials: $ Work in Process: $ Finished Goods: $ Factory Overhead: $