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30/quizzes/67042/take Use the following Information to Answer the Questions Below For The Month Ending December 31-st Our Business had the following Information: 1. Beg Raw

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30/quizzes/67042/take Use the following Information to Answer the Questions Below For The Month Ending December 31-st Our Business had the following Information: 1. Beg Raw Materials Balance = $10,000 2. Direct Raw Materials Purchased=$100,000 3. Direct Raw Materials used into Job #1 = $25,000 4. Direct Materials Used into Job#2 =$45,000 5. In-Direct Raw Materials used into Production=$9,000 6. Direct Labor costs for Job#1 - $6,000 and Job#2 = $14,000, 7. Indirect Labor costs=$7,000 8. Factory Rent Costs=$13,000, Accounting Costs = $33,000 9. Factory Equipment Costs = $43,000 10. Marketing Costs =$8,000 11. The Manufacturing Overhead Application Rate is 400% of Direct Labor Costs 12. Both Jobs were Finished and Sold at the end of the month with a 80% markup over cost Show Your Answers as a NUMBER ONLY, NO Dollar Signs, Commas, or Decimals except per Unit or per Hour Answers Only Show Decimals in your Answers for Per UNIT and Per HOUR Answers out to 2 Decimal Places, the nearest penny. QUESTIONS 1. Compute the Actual Manufacturing Overhead Costs for the Period 2. Compute the Manufacturing Overhead Costs Applied to Job#1 for the Period = DD 80 888 =8

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