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1- **Make sure your screen is set at full screen for this question** Cythetic Manufacturing produces small dune buggies for personal use. Currently, they have
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**Make sure your screen is set at full screen for this question** Cythetic Manufacturing produces small dune buggies for personal use. Currently, they have three orders in process. Cythetic reported the following in the job order costing sheets: Job #1 Job #2 Job #3 Direct Material $4,585 $8,723 $1,575 Direct Labor $2,385 $2,498 $2,874 Cythetic has determined that overhead is applied at 1.25 times the direct labor cost. See the Job tickets below: Job 131 Job 132 Job 133 total Direct materials $4,585 $8,723 $1,575 $14,883 Direct labor 2,385 2,498 2,874 7,757 Overhead 2,981 3,123 3,593 9,697 Total 9,951 14,344 8,042 32,337Prepare thejournal entries to record the following: 1. Entry to record the assignment of direct materials to work in process: Account Name Debit Credit 0 2. Entry to record the assignment of rect labor to work in process. Account Name Debit Credit 0 0 0 3. Entry to record the assignment of manufacturing oerhead to work in process. Account Name Debit 0 0 0 Credit 0 Martin's Metalworks is in the business of making machine parts for lawnmowers. The have started work on Job #333 during 2022. They have estimated that this job will take 2 hours of labor @$20 per hour and material costs of $70. During the month of September, Martin's Metalworks incurred the following: Direct Material Costs $50 Labor Administrative 5150 Utilities $300 Depreciation Expense $250 Martin's Metalworks estimates that their overhead for 2022 will be 550.000. Martin's employees will spend 5,000 labor hours. Type your response with no commas or decimals Answer: Martin's Metalworks is in the business of making machine parts for lawnmowers. The have started work on Job #333 during 2022. They have estimated that this job will take 2 hours of labor @$20 per hour and material costs of $20. During the month of September, Martin's Metalworks incurred the following: Direct Material Costs $50 Labor - Administrative $150 Utilities $300 Depreciation Expense $250 Martin's Metalworks estimates that their overhead for 2022 will be 350.000. Martin's employees will spend 5,000 labor hours. What is the cost of Job #333? Direct Materials E Direct Labor D Applied Overhead EStep by Step Solution
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