chapter 6 Homework Exercises i 6 art 2 of 11 33 bints eBook Print References Required information [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 40,000 $18,000 $ 35,000 The company applies overhead cost to jobs using direct labor-hours. For this year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded this year. a. Raw materials were purchased on account, $510,000. b. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $600,000; indirect labor, $150,000; selling and administrative salaries, $240,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $367,000. Saved e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), $500,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. g. Jobs costing $1,680,000 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1,690,000 to manufacture according to their job cost sheets. 4. What is the total manufacturing overhead applied to production for this year? Manufacturing overhead applied $ 166,250 2200 200 Have your O ******

Required information [The following information applies to the questions displayed below] Bunnell Corporation is a manutocturer that uses job-order costing. On January 1 , the company's inventocy balances were as follows: The company applies overhead cost to jobs using direct labor-hours. For this year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufocturing overheod for an estimated activity level of 40,000 direct tabor-hours. The following transoctions were recorded this year a. Row materials were purchased on account, $510,000. b. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct laboc, $600,000, indirect labor, $150,000; selling and administrative salaries, $240,000. a. Incurred various sellingand administrative expenses (f.9, odvertising, soles travel costs, and finished goods warehousingl. $3367000 e. Incurred various menufacturing overhead costs (e.9. depreciotion, insurance, and utilaties), 5500,000 Manufacturing overhesd cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. 9. Jobs costing $1,680,000 to manulscture according to their job cost sheets were completed during the year. h Jobs were sold on account to customen during the year for a totat of $2,800,000. The jobs cost $1,690,000 to manufacture according to their job cost sheets. 4. What is the sotal manufacturing overhead applied to production for this year