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7 Page 247, PB2 1 pts Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1.500 machine hours. The

image text in transcribed 7 Page 247, PB2 1 pts Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1.500 machine hours. The cost to make Job 416 is 595 in neon, 15 hours of labor at $13 per hour. and five machine hours. During the month it incurs 595 in indirect material cost, $130 in administrative labor, $320 in utilities, and $350 in depreciation expense. What is the predetermined overhead rate if machine hours are considered the cost driver? Question 8 Page 247, PB2 1 pts Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500 machine hours. The cost to make Job 416 is $95 in neon, 15 hours of labor at $13 per hour, and five machine hours. During the month, it incurs 595 in indirect material cost. $130 in administrative labor, $320 in utilities, and $350 in deprecation expense What is the cost of job 4167 Question 9 Page 249, PB12 The following data summarize the operations during the year. Prepare a journal entry for each transaction. A. Purchase of raw materials on account: $1.500 B. Raw materials used by Job 1: 5400 C. Raw materials used as indirect materiale $50 D. Direct labor for Job 1: $200 E Indirect labor incurred for Job 1530 F, Factory utilities incurred on account $500 G. Adjusting entry for factory depreciation: $200 H Manufacturing overhead applied as percent of direct labor 100% Job transferred to fished goods Job 1 is sold $1.000 K. Manufacturing overhead is underapplied $100 (For practice do all the journal entries, but this is difficult to put into an objective question What is the total for Job 17 1 pts

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