Christine Corp. uses a job order costing system for its production costs. A predetermined cost driver rate based on machine hours is used to apply overhead to individual jobs. The following information is for the month of December, %viten jobs 45 and 46 were completed. Job 45 was the only job that was currently in production as of 121. Budgeted overhead for 2010 is 8540.000. and estimated machine hours are 60.000.
Direct Labor costs are paid at S20 per hour. Actual direct labor hours used for each job were as follows: Job 45 used 800 DL hours. Job 46 used 1200 DL hours. and Job 47 used 1400 DL hours. Supervisor and staff salaries for the month were $53,000. Actual Machine hours used for each job in December were as follows: 2,000 MH for Job 45, 3,000 MH for Job 46, and 3,500 MH for Job 47. Other factory costs included:

1. Compute the predetermined overhead rate.__________
2. Compute the total cost of job 45 when it is finished in December.____________
3. Compute the total overhead costs applied to all jobs during December, assuming 8,500 MN were used._________
4. Compute the actual amount of overhead incurred during December._____________
5. Was overhead under applied or over applied in the month of December?_________________
6. What is the balance of work in process for Christine Corp. on December 314?_____________

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Beginning Balances: Raw materials Work in process - Job 45 Finished Goods Purchases of raw materials Materials requisitioned for production Job 45 Job 46 Job 47 Indirect materials $ 45,000 3 $ 10,500 25,500 112,500 150,000 6,000 Other Costs: $ 6,500 4,000 Facilities Utilities Repairs and Maintenance 4,000