Barr Manufacturing produces protective covers for eBookReaders. Since the covers must be customized to each eBookReaders model, Barr uses a job order costing system. On October 1, the company reported the following inventory balances:
| Direct Materials Inventory | $30,000 |
| Work in Process Inventory | 145,000 |
| Finished Goods Inventory | 250,000 |
During October, the following events occurred:
| 1. | Barr purchased direct materials costing $410,000 on account. |
| 2. | Barr used $425,000 in direct materials in production. |
| 3. | Barr's employees clocked 17,000 direct labor hours at an average wage rate of |
$10.00 per direct labor hour.
| 4. | The company incurred $169,000 in manufacturing overhead, including $20,000 in |
indirect labor costs.
| 5. | Using direct labor hours as the application base, the company applied $162,000 of |
manufacturing overhead to jobs worked on in October.
| 6. | The company completed production on jobs costing $860,000. |
| 7. | The company delivered jobs costing $1,070,000 to customer. |
Required:
| a. | Calculate the ending October balance of the Direct Materials, Work in Process, |
and Finished Goods Inventory accounts.
| b. | Calculate total manufacturing costs for October. |
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