2. The following information is for X Company, a manufacturer, in 2018:

Direct materials purchased			$32,961
Direct materials used			30,655
Direct labor			13,446
Overhead			21,088
Work in Process Inventory, January 1, 2018			6,456
Work in Process Inventory, December 31, 2018			6,884
Finished Goods Inventory, January 1, 2018			2,314
Cost of Goods Sold			63,589

What was the balance in Finished Goods Inventory on December 31, 2018?

3, X Company, a manufacturer, uses a plantwide overhead allocation system with direct labor hours as the cost driver. The following is budgeted total cost and activity information in 2018:

Direct materials	$251,232
Direct labor	$380,597
Overhead	$510,000
Research & development	$120,000
Advertising	$54,000
Direct labor hours	23,721

The following information is taken from the job cost sheet for Job A in 2018:

	Direct	Direct	Direct
	Materials	Labor	Labor Hours	Overhead
Total	$48,350	$80,000	708	??

How much overhead was allocated to Job A [round overhead rate(s) to two decimal places]?

4. X Company has two production departments, A and B. At the start of 2018, the following budgeted cost information was available:

	Overhead
Department A	$610,000
Department B	$210,000

The following activity information is for X Company's only two jobs, Job 11 and Job 22, both of which were started and completed during the year:

			Job 11	Job 22
Direct labor hours in Department A			1,442	706
Direct labor hours in Department B			554	1,278
Machine hours in Department A			2,120	2,600
Machine hours in Department B			1,660	1,500

Using a departmental allocation system with machine hours as the cost driver in Department A and direct labor hours as the cost driver in Department B, what was the allocation to Job 11 [round overhead rate(s) to two decimal places]