(Solution) - Dupont Fishing Equipment Company manufactures fishing rods in a -(2025 Original AI-Free Solution)

Paper Details

Dupont Fishing Equipment Company manufactures fishing rods in a wide variety of lengths and weights. The following incomplete ledger accounts refer to transactions that are summarized for November:

In addition, the following information is available:
a. Materials and direct labor were applied to six jobs in November:



b. Factory overhead is applied to each job at a rate of 75% of direct labor cost.
c. The November 1 Work in Process balance consisted of two jobs, as follows:



d. Customer jobs completed and units sold in November were as follows:



Instructions
1. Determine the missing amounts associated with each letter. Provide supporting calculations by completing a table with the following headings:



2. Determine the November 30 balances for each of the inventory accounts and factoryoverhead.