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At the beginning of the year, the controller prepared the following budget: MOH $ 290,000 DL Costs 145,000 Labor Rate 32 During September, Nerdzy worked

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At the beginning of the year, the controller prepared the following budget: MOH $ 290,000 DL Costs 145,000 Labor Rate 32 During September, Nerdzy worked on several different custom computer jobs with records in the table below: Job Records for September Job 248 Job 249 Job 250 Job 251 Job 252 2 DL Hours 290 122 100 99 250 3 DM $ 24,843 $ 2,548 $ 4,831 $ 2,155 $ 18,435 Completed in Q1 Yes Yes No No Yes s Quoted Sales Price 79654 21654 18946 10542 62467 16 Sale Type Credit Cash 7 8 Nerdzy also provided the additional information below for you to reference 9 Additional Information 0 Plant Janitorial wages $ 15,489 21 Sales Salaries Expense 18,543 22 Delivery Expense 1,500 23 Utilities for Plant paid immediately 45,806 24 Rent on Plant paid immediately 6,569 25 Customer Service Hotline Costs 8,190 26 Plant Supervisor Wages 5,043 27 Plant Insurance Previously Paid 2,436 28 Plant Prop Taxes incurred (not paid) 3.457 29 Indirect Materials used during month 8,743 30 RM Purchased 124,648 31 RM Beg Bal 12,546 32 33 Requirements 34 1. Compute Nerdzy Computer Company's predetermined OH allocation rate for this year. 35 36 2. Compute the total cost for each job. 37 38 3. Prepare Journal Entries for all of the jobs that were worked on in Q1 including costs associated with 39 the jobs, accumulation of overhead, allocation of overhead, completion of jobs, sales transactions & 40 adjusting overhead (pay attention to the transaction descriptions to help guide which journal entry you 41 are completing) 42 Req1 Compute Nerdzy Computer Company's predetermined OH allocation rate for this year. Predetermined OH Rate Reg 2 Compute the total cost for each job. Job 248 Job 249 Job 250 Job 251 Job 252 DM Costs DL Costs MOH Total Cost Reg 3 Prepare Joumal Entries for all of the jobs that were worked on in Q1 Purchased row materials on account Transferred direct and indirect materials to production Assigned loborto monthly production Paid plant utilities Poid rent on plant To record insurance expense o ty X G M N Assigned labor to monthly production Paid plant utilities Paid rent on plant To record insurance pense To accrue toxes Allocated overhead to jobs in progress Transferred Completed jobs to finished goods inventory To record sale of Job 248 (Nintrecord sa transaction first and then inventory traction To record of 252 A Mang Dead +

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