The following information describes the job order manufacturing activities of Peak Manufacturing Company for May:

Raw material purchases ...$16,000
Factory payroll cost .....$15,400
Overhead costs incurred:
Indirect materials .......$5,000
Indirect labour ........$3,500
Other factory overhead ....$9,500

The predetermined overhead rate is 150% of the direct labour cost. These costs are allocated to the three jobs worked on during May as follows:

Required:

Determined the total cost of:
April 30 inventory of jobs in process
Materials used during May
Labour used during May
Factory overhead incurred and applied during May and the amount of any over or underapplied overhead on May 31.
Each job as of May 31, the May 31 inventories of goods in process and finished goods, and the goods sold during May.
Prepare summarized journal entries, using a cost accounting system, for the month to record:
Materials purchases (on credit), the factory payroll (paid with cash), indirect materials, indirect labour, and the other factory overhead (paid with cash).
Assignment of direct material direct labour, and overhead costs to the Work in Process Inventory account. Use separate debit entries for each job.
Transfer of each completed job to the Finished Goods Inventory account.
Cost of goods sold.
Removal of any underapplied or overapplied overhead from the Factory Overhead account.