1. BOOM Inc. uses a job order costing system.The estimated manufacturing overhead for the year is $5,000,000.The company has decided to allocate the manufacturing overhead to products on the basis of direct labour hours.The estimated direct labor hours for the year are 200,000 hours.

A. What is the pre-determined manufacturing overhead rate that will be used to apply manufacturing overhead to products?

Job # 101 has accumulated $20,000 of direct materials and $30,000 of direct labour costs.The rate per direct labour hour is $30.

B. How much manufacturing overhead will be applied to Job #101?

C. What is the total manufacturing cost of Job # 101?

Job # 102 has accumulated $50,000 of direct materials and $90,000 of direct labour costs.The rate per direct labour hour is $30.

D. How much manufacturing overhead will be applied to Job #102?

E. What is the total manufacturing cost of Job # 102 ?

Job # 103 has accumulated $18,000 of direct materials and $33,000 of direct labour costs.The rate per direct labour hour is $30.

F. How much manufacturing overhead will be applied to Job #103?

G. What is the total manufacturing cost of Job # 103 ?

At the end of the yearBOOM Inc. produced over 150different jobs.Actual manufacturing overhead costs amounted to $5,200,000 instead of the $5,000,000 estimated at the beginning of the year.The actual direct labour hours amounted to 195,000 hours instead of the 200,000 hours estimated at the beginning of the year.

H. How much manufacturing overhead was applied to all of the 150+ jobs?

I. Was the manufacturing overhead over or under applied?

J. By how much was the manufacturing overhead over or under applied?