2. Compute the cost of the companys year-end work-in-process inventory.

6. How much overhead would have been charged to the companys Work-in-Process account during the year?

Garcia, Inc., uses a job-order costing system for its products, which pass from the Machining Department, to the Assembly Department, to finished-goods inventory. The Machining Department is heavily automated; in contrast, the Assembly Department performs a number of manual-assembly activities. The company applies manufacturing overhead using machine hours in the Machining Department and direct-labor cost in the Assembly Department. The following information relates to the year just ended: The data that follow pertain to job no. 775 , the only job in production at year-end. Selling and administrative expense amounted to $2,500,000. 1. Assuming the use of normal costing, determine the predetermined overhead rates used in the Machining Department and the Assembly Department. 3. Determine whether overhead was under- or overapplied during the year in the Machining Department. 4. Determine whether overhead was under- or overapplied during the year in the Assembly Department