CALCULATON PUNTER VERSION HACK Exercise 182 Fancy Decorating uses a job order costing system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate jobs Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Budgeted overhead $850,000 Actual overhead $910,000 Budgeted decorator hours 40,000 Actual decorator hours 41,000 The company uses Operating Overhead in place of Manufacturing overhead Compute the predetermined overhead rate. Predetermined overhead rate per decorator hour SHOW OF ACCOUNT Prepare the entry to apply the overhead for the year (Credit account titles are automatically indicated when the amount wat indrally Account Titles and Explanation Debt C SHOW LIST OF ACCOUNTS Prepare the entry to apply the overhead for the year. (Credit account titles are automatically indented when the amount is entered the enden av Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Determine whether the overhead was under or overapplied and by how much Balances Click if you would like to show Work for this question: On Show with Exercise 176 Carlton Company has gathered the following information. 25,000 115,000 30,000 Units in beginning work in process Units started into production Units in ending work in process Percent complete for conversion costs in ending work in process Costs incurred: Direct materials Direct labor Overhead 40% $175,000 $235,400 $191,600 Materials are added at the beginning of the process. Compute equivalent units of production for materials and for conversion costs. Materials the beginning of the process. Compute equivalent units of production for materials and for conversion costs. Materials Conversion cost Determine the unit costs of production. (Round answers to 2 decimal places, e.g. 52.75.) Material cost $ per unit Conversion cost $ per unit Show the assignment of costs to units transferred out and in process. Cost assigned to units transferred $ Cost assigned to units in ending work in process