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1. Job Order Costing (7pts): Skywalker, Inc. is a specialty droid manufacturer that uses a job order costing system. The following Information was given

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1. Job Order Costing (7pts): Skywalker, Inc. is a specialty droid manufacturer that uses a job order costing system. The following Information was given for the month ended 9/30/2022: Job C1-10P Job R2-D2 Job R5-04 Job C-3PO Job BB-8 Beg. Bal. on 9/1/2022: Direct materials 50 $4,150 50 50 50 Direct labor $0 $8,000 50 50 50 Factory OH applied 50 $9,600 $0 $0 $0 Costs incurred during the month of September: Direct materials used $11,920 $2,080 $19,320 $7,470 Direct labor used $15,400 $5,800 $25,200 $6,000 $9,250 $11,600 Factory OH applied ??? 222 222 ??? ??? . Job status as of the beginning of the period: o As of the beginning of September 2022, only Job R2-D2 was in process. o The other four jobs were started during September 2022. Beginning balances of inventory accounts as of 9/1/2022: Raw materials inventory: $35,210 o Work in Process (WIP) inventory: $21.750 (from Job R2-D2 which was already in process) o Finished Goods inventory: 50 Factory Overhead is applied based on the firm's predetermined overhead rate of 120% of direct labor costs Raw materials purchased on account during the period, $56,420. Actual overhead costs for the period are as follows Actual Indirect materials used: $2,035. Actual Indirect labor used, $13,800. Other actual overhead costs, 560,155. Job status as of the end of the period: Jobs C-3PO and BB-8 are still in process as of the end of the period. o Jobs C1-10P, R2-D2, and RS-D4 were finished during the period. To Job R2-D2 was sold to a customer on account during the period for a total of $79,100. PART A (0.5pts): Calculate the total amount of Factory Overhead costs Applied during September 2022. You must show all of your work to receive full credit. 1. Job Order Costing (7pts): Skywalker, Inc. is a specialty droid manufacturer that uses a job order costing system. The following Information was given for the month ended 9/30/2022: Job C1-10P Job R2-D2 Job R5-04 Job C-3PO Job BB-8 Beg. Bal. on 9/1/2022: Direct materials 50 $4,150 50 50 50 Direct labor $0 $8,000 50 50 50 Factory OH applied 50 $9,600 $0 $0 $0 Costs incurred during the month of September: Direct materials used $11,920 $2,080 $19,320 $7,470 Direct labor used $15,400 $5,800 $25,200 $6,000 $9,250 $11,600 Factory OH applied ??? 222 222 ??? ??? . Job status as of the beginning of the period: o As of the beginning of September 2022, only Job R2-D2 was in process. o The other four jobs were started during September 2022. Beginning balances of inventory accounts as of 9/1/2022: Raw materials inventory: $35,210 o Work in Process (WIP) inventory: $21.750 (from Job R2-D2 which was already in process) o Finished Goods inventory: 50 Factory Overhead is applied based on the firm's predetermined overhead rate of 120% of direct labor costs Raw materials purchased on account during the period, $56,420. Actual overhead costs for the period are as follows Actual Indirect materials used: $2,035. Actual Indirect labor used, $13,800. Other actual overhead costs, 560,155. Job status as of the end of the period: Jobs C-3PO and BB-8 are still in process as of the end of the period. o Jobs C1-10P, R2-D2, and RS-D4 were finished during the period. To Job R2-D2 was sold to a customer on account during the period for a total of $79,100. PART A (0.5pts): Calculate the total amount of Factory Overhead costs Applied during September 2022. You must show all of your work to receive full credit.

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