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Question: angry birds inc designs and builds retaining walls for individual...

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Angry​ Birds, Inc. designs and builds retaining walls for individual customers. On August​ 1, 2 jobs were in​ process: Level 1 with a beginning balance of​ $12,000 and Level 2 with a beginning balance of​ $8,600. During​ August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of ​$9 per direct labor hour. Direct labor wages average ​$10 per hour. The following additional cost information is available for​ August:

Level 1

Level 2

Level 3

Level 4

Direct Materials

​$1,200

​$8,000

​$2,100

​$3,000

Direct Labor

​$1,800

​$4,800

​$360

​$1,200

The sales staff is paid a​ 2% commission on all sales for the period. The company closes out the total​ over/underapplied manufacturing overhead to Cost of Goods Sold at the end of each month. Calculate the following given actual MOH of​ $8,200 incurred during August.

The amount of MOH applied to all jobs in process during August equals $ ____.

The adjusted COGS reported on the Income Statement for August equals ​$_______.

The gross profit reported on the Income Statement for August equals ​$______.

The ending work in process balance reported on the Balance Sheet for August equals ​$____.

Round final answers to the nearest dollar.

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