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3 Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August: Description Amount August 1 Balance

 

 


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3 Mary's Landscaping uses a job order cost system. The following debits (credits) appeared in Work-in-Process Inventory for August: Description Amount August 1 Balance $ 13,700 For the month Dints For the month For the month Direct materials Direct labor Factory overhead 81,600 54,300 For the month To finished goods 41,268 (160,500) eBook Print Mary's applies overhead to production at a predetermined rate of 76 percent based on direct labor cost. Job 3318, which was started during August and is the only job still in process at the end of August, has been charged direct labor of $6,500. Required: What cost amount of direct materials was charged to Job 3318? References Direct materials 4 Check my work 2 points eBook Southern Rim Parts estimates its manufacturing overhead to be $454,500 and its direct labor costs to be $1,010,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $60,000 for Job 301, $85,000 for Job 302, and $150,000 for Job 303. For the year, actual manufacturing overhead was $424,000 and total direct labor cost was $839,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates. Required: a. How much overhead was assigned to each of the three jobs, 301, 302, and 303? b. What was the over- or underapplied manufacturing overhead for year 1? Complete this question by entering your answers in the tabs below. Print Required A Required B References How much overhead was assigned to each of the three jobs, 301, 302, and 303? Job 301 Job 302 Job 303 < Required A Required B > 5 2 points eBook Tom's Tool & Die uses a predetermined factory overhead rate based on machine-hours. For August, Tom's budgeted overhead was $609,500 based on a budgeted volume of 53,000 machine-hours. Actual overhead amounted to $520,000 with actual machine-hours totaling 45,500. Required: What was over- or underapplied manufacturing overhead in August? (Do not round intermediate calculations.) overhead

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