C.

Shattered Glass Company makes custom order ornate glass vases. The company uses a job-order cost system and predetermined overhead rates to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Fabrication Department is based on machine hours, and the rate in the Finishing Department is based on direct labor hours. At the beginning of the year, the companys management made the following estimates for the year:

Department

Fabrication Finishing

Machine hours 79,000 25,000

Direct labor hours 27,000 42,000

Direct material cost $400,000 $212,000

Direct labor cost $350,000 $700,000

Fixed manufacturing overhead cost $750,000 $300,000

Variable manufacturing overhead per machine hour $2.50 --

Variable manufacturing overhead per direct labor hour -- $2.75

Job 99 (the Mothers Day special) was started on April 1 and completed on April 30. The companys cost records show the following information concerning the job:

Department

Fabrication Finishing

Machine hours 325 100

Direct labor hours 125 150

Direct materials cost $1,400 $1,200

Direct labor cost $950 1,200

Compute the predetermined overhead rate used during the year in the Fabrication Department. (Round to two decimal places.) Be careful to use the proper cost driver.

Compute the predetermined overhead rate used during the year in the Finishing Department. (Round to two decimal places.) Be careful to use the proper cost driver.

Compute the total overhead cost applied to Job 99 (in dollars and cents).

What would be the total cost recorded for Job 99? (Round to two decimal places.)

If Job 99 contained 75 units, what would be the unit product cost? (Round to two decimal places.)

If it contained 800 units, what would be the unit product cost? (Round to two decimal places.)

At the end of the year, the records of Shattered Glass revealed the following actual cost and

operating data for all jobs during the year:

Department

Fabrication Finishing

Machines hours 80,000 28,000

Direct labor hours 28,25 0 41,000

Direct materials cost $410,000 $213,000

Manufacturing overhead cost $751,000 $298,000

What was the amount of actual overhead in each department at the end of the year? Was it underapplied or overapplied? (You should have a total of four answers for this question.)