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14. Hamilton Company uses job-order costing. Manufacturing overhead is applied using a predetermined rate of 150% of direct labor cost. Any underapplied or overapplied manufacturing overhead is closed to Cost of Goods Sold at the end of each month. Additional information is available as follows: *Job 101 was the only job in process at January 31. The job cost sheet for this job contained the following costs at the beginning of the month: Direct materials-$4000, Direct labor-$2000, Applied manufacturing overhead-$3000 Jobs 102, 103, and 104 were started during February. *Direct materials requisitions for February totaled $26,000. *Direct labor cost of $20,000 was incurred for February. *Actual manufacturing overhead was $32,000 for February. *The only job still in process at February 28 was Job 104, with costs of $2,800 for direct materials and $1,800 for direct labor. For the month of February, the manufacturing overhead was: A.$700 overapplied B.$1000 overapplied C.$2000 overapplied D.$2000 underapplied

15. Mcadams Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In April the company completed job C21F that consisted of 18,000 units of one of the company's standard products. No other jobs were in process during the month. The total manufacturing cost on job C21F's job cost sheet was $702,000. The manufacturing overhead for the month was underapplied by $10,080. During the month, 13,000 completed units from job C21F were sold. No other products were sold during the month. The unit product cost for job C21F is closest to: A.$29.00 B.$39.00 C.$54.78 D.$54.00