Bonita Company uses job order constem and applies overhead to production on the basis of direct labor cos Oscary 1, 2020, Job 50 was the only job in process. The costs incurred prior to January on this job were as follows direct materials $21.200 direct labor $12.720, and manufacturing overhead $16.900 As of January 1, Job 49 had been completed at a cost of $95.400 and was part of finished goods inventory. There was a $15.00 balance in the w Materials inventory account During the month of January Bonita Company began production on Jobs 51 and 52 and completed Jobs and 51 Jobs and So were sold during the month. The following w onders occurred during the month 1 Purchased onw e als of $95.400 on account 2. incurred corobor cost of $74200 curred manufacturing overhead costs as follows indirect materia $10.020 indirect labor $21.200 4 Assigned directorials and director to jobs as follows Job No. Direct Materials Direct Labor $10.600 41 340 26.500 31300 2 1.200 Calculate the predetermined overhead rate for 2020, Bonaco et bor house 21700 for the year round on the whole percent Predetermined overhead rate Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Job No. 50 Date Beg. Direct Materials Direct Labor Manufacturing Overhead Jan. Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ $ $ - Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost Job No. 52 Date Jan. $ Direct Materials Direct Labor Manufacturing Overhead Postal costs to the cost sheets an Id Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January id) Record the sc e nt of direct materials, direct labor and manufacturing overhead costs to production in asuing manufacturing overhead costs use the overhead rate calculated in te) Total the job cost sheets for you completed during the month. Record the completion of anybos during the month in Record the sale of any jobs during the month (Enter negative amounts using either a negative sin preceding the numbers-45 or parentheses (451) Work in Processivestory Finished Goods inventory Cost of Goods Sold Manufacturing Costs Factory Labor Raw Materials inventory Manufacturing Overhead (c) Purch raw materials Incurred factory labor Factory depreciation Osher owerhead costs Indirect materials Indirect Id Det materials Direct labor Assigned overhead e los completed in Jobs sold What is the balance in the Finished Goods inventory account at the end of the month? What does this balance consist of? Finished Goods Inventory $ What is the amount of over or underapplied overhead Manufacturing Overhead $ Bonita Company uses job order constem and applies overhead to production on the basis of direct labor cos Oscary 1, 2020, Job 50 was the only job in process. The costs incurred prior to January on this job were as follows direct materials $21.200 direct labor $12.720, and manufacturing overhead $16.900 As of January 1, Job 49 had been completed at a cost of $95.400 and was part of finished goods inventory. There was a $15.00 balance in the w Materials inventory account During the month of January Bonita Company began production on Jobs 51 and 52 and completed Jobs and 51 Jobs and So were sold during the month. The following w onders occurred during the month 1 Purchased onw e als of $95.400 on account 2. incurred corobor cost of $74200 curred manufacturing overhead costs as follows indirect materia $10.020 indirect labor $21.200 4 Assigned directorials and director to jobs as follows Job No. Direct Materials Direct Labor $10.600 41 340 26.500 31300 2 1.200 Calculate the predetermined overhead rate for 2020, Bonaco et bor house 21700 for the year round on the whole percent Predetermined overhead rate Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Job No. 50 Date Beg. Direct Materials Direct Labor Manufacturing Overhead Jan. Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ $ $ - Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost Job No. 52 Date Jan. $ Direct Materials Direct Labor Manufacturing Overhead Postal costs to the cost sheets an Id Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January id) Record the sc e nt of direct materials, direct labor and manufacturing overhead costs to production in asuing manufacturing overhead costs use the overhead rate calculated in te) Total the job cost sheets for you completed during the month. Record the completion of anybos during the month in Record the sale of any jobs during the month (Enter negative amounts using either a negative sin preceding the numbers-45 or parentheses (451) Work in Processivestory Finished Goods inventory Cost of Goods Sold Manufacturing Costs Factory Labor Raw Materials inventory Manufacturing Overhead (c) Purch raw materials Incurred factory labor Factory depreciation Osher owerhead costs Indirect materials Indirect Id Det materials Direct labor Assigned overhead e los completed in Jobs sold What is the balance in the Finished Goods inventory account at the end of the month? What does this balance consist of? Finished Goods Inventory $ What is the amount of over or underapplied overhead Manufacturing Overhead $