9,000 Job Costs Using Activity-Based Costing Reider Company is a job-order costing firm that uses activity based costing to apply overhead to jobs, Reider identified three overhead activities and related drivers, Budgeted Information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $56,000 Number of moves 2,500 Engineering 134,100 Number of change orders Other overhead 184,000 Direct labor hours 46,000 Reider worked on four jobs in July, Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance $20,500 $19,600 $3,400 $0 Direct materials $5,100 $9,800 $14,300 $8,400 Direct labor cost $940 $1,080 $1,570 $100 Number of moves 40 7 Number of change orders 22 Direct labor hours 1,080 1,570 100 By July 31, Jobs 13-43 and 13-44 were completed and sold. Jobs 13-45 and 13-46 were still in process. Required: 46 32 32 40 21 940 per move 1. Calculate the activity rates for each of the three overhead activities. Round all activity rates to the nearest cent. Materials handling rate Engineering rate per change order per direct labor hour Other overhead rate 2. Prepare job-order cost sheets for each job showing all costs through July 31, When required, round your answers to the nearest dollar. If an amount is zero, enter "o". Reider Company Job-Order Cost Sheets Job 13-43 Job 13-44 Job 13-45 Job 13-46 Balance, July 1 Direct materials Direct labor cost Materials handling Engineering Other overhead Total Feedback 3. Calculate the balance in Work In Process on July 31. 4. Calculate the cost of goods sold for July 5. What if Job 13-46 required no engineering change orders? What is the difference in the new cost of Job 13-46? lower How would the cost of the other jobs be affected? no effect