(Job cost sheet analysis) As a candidate for a cost accounting position with Romano Construction, you have been asked to take a quiz to demonstrate your knowledge of job order costing. Romano’s job order costing system is based on normal costs and overhead is applied based on direct labor cost. The following records pertaining to May have been provided to you:

To explain the missing job number, you are informed that Job #168 had been completed in April. You are also told that Job #167 was the only job in process at the beginning of May. At that time, the job had been assigned $12,900 for direct material and $3,600 for direct labor. At the end of May, Job #171 had not been completed; all others had. You are to provide an¬ swers to the following questions:

a. What predetermined overhead rate does Romano Construction use?

b. What was the total cost of beginning Work in Process Inventory?
C. What were total direct manufacturing costs incurred for May?

d. What was cost of goods manufactured for May?LO1.

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Job No. Direct Material Direct Labor Applied Overhead 167 169 $ 17,703 54,936 $ 6,920 $7,960 7,240 8,328 Total Cost $32,583 70,504 170 1,218 2,000 2,300 5,518 171 154,215 28,500 ? ? 172 28,845 2,200 2,532 33,577