Analysis of job order cost sheets. The Speedy Print Shop does a wide variety of printing work on a custom basis. For this reason, the company uses a job order cost system. During the month of May, six jobs were worked on.

Overhead is based on a percentage of direct labour cost.

A summary of the job cost sheets on these jobs is given below

All amounts are as at the end of May.

Job number	#216	#217	#218	#219	#220		#221
Direct Materials	$410	$850	$110	$1,500	$950		$270
Direct Labour	360	790	85	1140	850		115
Factory OH Applied	288	632	68	912	680		92
Total cost of Job-to-date	$1,058	$2,272	$263	$3,552	$2,480		$477	Ending WIP

Job 216 was the only job in process at the beginning of the month.

At that time, Job 216 had incurred direct labour costs of $150, and total costs of $570 (from April), additional costs were added during May and it was completed. The figures for Job 216 (above chart) currently include amounts from the beginning of the month.

• Hint: First calculate what was applied (added) to Job 216 in the current month (May).

Job 221 is the only job in ending Work In Process.

1What was the total cost of direct materials placed into production during May?

2What is the predetermined overhead rate being used by the Speedy Print Shop?

3Assume that during May factory overhead was over applied by $600. What was the actual factory overhead cost incurred during the month?

4How much direct labour cost was incurred during May

5 What was the cost of goods manufactured for May