Morrow Corporation had only one job in process during May-Job X32Z-and had no finished goods inventory on May 1. Job X32 was started in April and finished during May, Data concerning that job appear below: Beginning balance. Charged to the job during May Direct materials Direct labor Job X32Z $ 12,000 $ 11,500 $3,400 $ 17,300 Manufacturing overhead applied Units completed Units in process at the end of may Units sold during May The company's total manufacturing overhead applied always equals its total actual manufacturing overhead. 170 0 75 Required: 1. What is the cost of goods sold for May? 2. What is the total value of the finished goods inventory at the end of May? 3. What is the total value of the work in process inventory at the end of May?

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Subject  :- Account

Valdosta Company is working on its costing information for January.   Using normal costing, they use one overhead control account and charges overhead to production at 75% of direct labor cost.  The company does not formally close the account until the end of the year.   The beginning and ending inventories for the month of August are    August 1 August 31 Direct Materials $62,000 $67,000 Work in Process $171,000 $145,000 Finished Goods $78,000 $85,000 Production data for the month of August follows: Direct labor $250,000 Actual manufacturing overhead $195,500 Direct materials purchased $163,000 Transportation in $2,000     Valdosta Company's manufacturing overhead control balance for the month of August is   Group of answer choices $8,000 credit, overapplied $8,000 debit, underapplied $8,000 debit, overapplied $8,000 credit, underapplied