Archer Company produces leather jacket for individual and corporation. On September 1^st 2016, three jobs are in process, with cost as follows in USD attached on picture below

Questions :

a. If the allocation base that the company use is direct materials, calculate the budgeted overhead rate

b. Calculate the Manufacturing Overhead Cost for each job and the total of MOH allowed

c. Calculate the total cost of WIP at the end of September 2016

Archer Company produces leather jacket for individual and corporation. On September 1st 2016, three jobs are in process, with cost as follows in USD Job CLOSER Job ROSES Job DLMD Direct materials 4.5 9 13.5 Direct labor 3.5 6 9.5 Applied overhead 6 12 18 Total 14 27 41 During September 2016, there are two new jobs that they just start working, Job CHAINS and Job MOKERS. At the end of September, it's known that Job CLOSER are not finished yet (Work in Progress) and Job DLMD & MOKERS are already finished but not sold yet (| Finished Goods), the rest are already finished and sold (Cost of Goods Sold). Raw material cost and labor cost that consumed by each job during September 2016 as follows Direct Materials Direct Labor MOH allowed Job CLOSER 4 3 ??? Job ROSES 1.5 2 ??? Job DLMD 2.6 1.5 ??? Job CHAINS 8 6.5 ??? Job MOKERS 7.6 7