6. Job 218 was one of the many jobs started and completed during the year. The job required $3,400 in direct materials and 500 hours of direct labor time at a rate of $12 per hour. If the job contained 540 units and the company billed at 75% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer? 2. The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs: Property taxes, factory Utilities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs Other costs incurred: Purchases of raw materials Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 2,800 4,900 9,900 24,000 5,900 $ 47,500 $ 31,700 $ 40,300 $ 8,800 $ 6,700 $ 5,400 $ 6,600 The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $5 per machine-hour; a total of 11,100 machine-hours was recorded for the year. All raw materials ultimately become direct materialsnone are classified as indirect materials. 1. Compute the amount of underapplied or overapplied overhead cost for the year. (Input the amount as a positive value. 2. Prepare a schedule of cost of goods manufactured for the year. (Input all amounts as positive values.) 4. Selected T-accounts for Rolm Company are given below for the just completed year: 1. 2. 3. 4. 5. What was the cost of raw materials put into production during the y How much of the materials in (1) above consisted of indirect materi How much of the factory labor cost for the year consisted of indirec What was the cost of goods manufactured for the year? What was the cost of goods sold for the year (before conside overhead)? 6. If overhead is applied to production on the basis of direct materials in effect during the year? (Round your answer to 2 decimal place 7. Was manufacturing overhead underapplied or overapplied? By h a positive value.) 8. Compute the ending balance in the Work in Process inventory a consists entirely of goods started during the year. If $32,600 of th how much of it is direct labor cost? Manufacturing overhead co overhead rate percentage and final answers to 2 decimal place Ending balance in the work in process $ Direct labor cost $ Manufacturing overhead cost $ 5. Southworth Company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of the cost of direct materials used in production. Its predetermined overhead rate was based on a cost formula that estimated $235,500 of manufacturing overhead for an estimated allocation base of $157,000 direct material dollars. The following transactions took place during the year (all purchases and services were acquired on account): a. Raw materials purchased, $152,000. b. Raw materials requisitioned for use in production (all direct materia c. Utility bills incurred in the factory, $24,000. d. Costs for salaries and wages were incurred as follows: Direct labor Indirect labor Selling and administrative salaries $ 218,000 $ 79,300 $ 143,000 e. Maintenance costs incurred in the factory, $16,000. f. Advertising costs incurred, $120,000. g. Depreciation recorded for the year, $50,000 (70% relates to factory to selling and administrative assets). h. Rental cost incurred on buildings, $85,000 (80% of the space is occ occupied by sales and administration). i. Miscellaneous selling and administrative costs incurred, $14,000. j. Manufacturing overhead cost was applied to jobs, $ ? k. Cost of goods manufactured for the year, $551,000. l. Sales for the year (all on account) totaled $1,200,000. These good job cost sheets. The balances in the inventory accounts at the beginning of the year were as follows: Raw Materials 23000 Work in Process 22000 Finished Goods $32000 1. Prepare Journal Entries to record A-L 2. Post your enter the Determine accounts account. order.) 3. entrie open the e and 4