I need help with the question attached. I cant seem to figure out the correct process. I’ve tried many times. If you could show the steps to the problem worked out that would be very helpful.

I need help with the question attached. I cant seem to figure out the correct process. I’ve tried many times. If you could show the steps to the problem worked out that would be very helpful.

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Kuvomi Corporation worked on four jobs during October: Job F346, Job F347, Job F348, and Job F349.
At the end of October, the job cost sheets for these jobs contained the following data:
Job
F346
Job
F347
Job
F348
Job F349
Beg
innin
g
balan
ce
$1,090
$
590
$
0
$
0
Cha
rged
to the
jobs
durin
g
Octo
ber:
Direc
t
mate
rials
$2,840
$4,070
$1,550
$3,720
Direc
t
labor
$1,170
$
890
$
590
$
470
Manu
factur
ing
overh
ead
appli
ed
$4,710
$1,840
$2,858
$
500
Unit
s
comp
leted
218
0
102
0
Unit
s in
proce
ss at
the
end
of
Octo
ber
0
317
0
255
Unit
s
sold
durin
g
Octo
ber
151
0
64
0

Unlock Solution Unlocking…

Jobs F346 and F348 were completed during October. The other two jobs had not yet been completed at
the end of October. There was no finished goods inventory on October 1.
In October, overhead was underapplied by $1,340. The company adjusts its cost of goods sold every
month for the amount of the underapplied or overapplied overhead.
Requirement 1:
Using the direct method, what is the cost of goods sold for October?
(Omit the “$” sign in your
response.)
Cost of goods sold
$
Requirement 2:
What is the total value of the finished goods inventory at the end of October?
(Omit the “$” sign in your
response.)
Total value of the finished goods
$
Requirement 3:
What is the total value of the work in process inventory at the end of October?
(Omit the “$” sign in
your response.)
Total value of the work in process
$

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