A company was working on 3 Jobs this month: Jobs A, B and C.

Direct materials for the jobs: Job A $1,500; Job B $1,780; and Job C $1,000

Direct labor for the jobs: Job A $1,125; Job B $1,335; and Job C $750

Overhead is applied at a rate of 120% of direct labor

Job B was finished and sold for $5,000. Job A was finished but not sold. Job C is not finished. Actual overhead for the period was $4,000.

What is the total amount of overhead applied to all 3 jobs?

Which job is in work in process and what is its total job cost?

Which job is in finished goods inventory and what is its total job cost?

Which job is in cost of goods sold and what is its total job cost?

What is the difference between actual and applied overhead?

Is it over- or under- applied?