#27-30 on my hw

There are 5 different questions to go along with this problem

! Required information The following information applies to the questions displayed below.] Stellar Sound, Inc., which uses a job-order costing system, had two jobs in process at the start of 20xt: job no. 64 ($84,000) and job no. 65 ($53,400). The following information is available: a. The company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $824,000, and 16,000 hours, respectively, b. The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows: Job No. Direct Material Direct Labor Machine Hours 64 $21,000 $35,000 1,200 65 22,000 66 44,000 65,000 2,000 15,000 8,800 500 700 67 c. Manufacturing overhead during the first quarter included charges for depreciation ($33,600), indirect labor ($60,000), indirect materials used ($5,200), and other factory costs ($139,500). d. Stellar Sound completed job no. 64 and job no. 65. Job no. 65 was sold on account, producing a profit of $34,900 for the firm. Required: 1. Determine the company's predetermined overhead application rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per machine hour Required information [The following information applies to the questions displayed below.) Stellar Sound, Inc., which uses a job-order costing system, had two jobs in process at the start of 20x1:job no. 64 ($84,000) and job no. 65 ($53,400). The following information is available: a. The company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $824,000, and 16,000 hours, respectively. b. The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows: Direct Material $21,000 Job No. 64 65 66 67 Direct Labor $35,000 22,000 65,000 8,800 Machine Hours 1,200 700 2,000 500 44,000 15,000 c. Manufacturing overhead during the first quarter included charges for depreciation ($33,600), Indirect labor ($60,000). indirect materials used ($5,200), and other factory costs ($139,500). d. Stellar Sound completed job no. 64 and job no. 65. Job no. 65 was sold on account, producing a profit of $34,900 for the firm 3. Determine the cost of jobs still in production as of March 31. Cost of the jobs in production Required information [The following information applies to the questions displayed below) Stellar Sound, Inc., which uses a job-order costing system, had two jobs in process at the start of 20x1:job no. 64 ($84,000) and job no. 65 ($53,400). The following information is available: a. The company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $824,000, and 16,000 hours, respectively. b. The company worked on four jobs during the first quarter. Direct materials used direct labor incurred, and machine hours consumed were as follows: Job No. 64 65 Direct Material $21,000 Direct Labor $35,000 22,000 65,000 8,800 66 Machine Hours 1,200 700 2,000 500 67 44,000 15,000 c. Manufacturing overhead during the first quarter included charges for depreciation ($33,600), Indirect labor ($60,000). Indirect materials used ($5,200), and other factory costs ($139,500). d. Stellar Sound completed Job no. 64 and job no. 65. Job no. 65 was sold on account, producing a profit of $34,900 for the firm 4. Did the finished-goods inventory increase or decrease during the first quarter? By how much? (Do not round intermediate calculations.) The finished-goods inventory by decreased increased Required information (The following information applies to the questions displayed below.) Stellar Sound, Inc., which uses a job-order costing system, had two jobs in process at the start of 20x1: job no. 64 ($84,000) and job no. 65 ($53,400). The following information is available: a. The company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $824,000, and 16,000 hours, respectively. b. The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows: Job No. 64 65 66 Direct Material $21,000 Direct Labor $35,000 22,000 65,000 8,800 Machine Hours 1,200 700 2,000 67 44,000 15,000 500 c. Manufacturing overhead during the first quarter included charges for depreciation ($33,600), Indirect labor ($60,000). indirect materials used ($5,200), and other factory costs ($139,500). d. Stellar Sound completed job no. 64 and job no. 65. Job no. 65 was sold on account, producing a profit of $34.900 for the firm. 5. Was manufacturing overhead under-or overapplied for the first quarter of the year? By how much? (Do not round intermediate calculations.) The overhead was for the first quarter of the year by underapplied overapplied