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Swifty Fabricators produces protective covers for smart phones. Since the covers must be customized to each...

Swifty Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, Swifty uses a job order costing system. On September 1, the company reported the following inventory balances:

Direct Materials $34,200
Work in Process $154,000
Finished Goods $265,000



During September, the following events occurred:

1. Swifty purchased direct materials costing $420,000 on account.
2. Swifty used $427,000 in direct materials in production.
3. Swifty’s employees clocked 24,000 direct labor hours at an average wage rate of $11.52 per direct labor hour.
4. The company incurred $170,000 in manufacturing overhead, including $23,000 in indirect labor costs.
5. Using direct labor hours as the application base, the company applied $169,000 of manufacturing overhead to jobs worked on in September.
6. The company completed production on jobs costing $860,000.
7. The company delivered jobs costing $1,078,000 to customers.

Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory accounts.

Ending September Balance
Direct Materials $Enter a dollar amount Enter a dollar amount Enter a dollar amount Enter a dollar amount
Work in Process $Enter a dollar amount Enter a dollar amount Enter a dollar amount Enter a dollar amount
Finished Goods $Enter a dollar amount Enter a dollar amount Enter a dollar amount Enter a dollar amount

eTextbook and Media

Calculate total manufacturing costs for September.

Total manufacturing costs $Enter total manufacturing costs in dollars Enter total manufacturing costs in dollars Enter total manufacturing costs in dollars Enter total manufacturing costs in dollars

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