Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production At the beginning of the year, Hallett Company estimated the following: Cutting Department Sewing Department Total Overhead $249,000 $350,000 $599,000 Direct labor hours 31,200 100,000 131,200 Machine hours 150,000 150,000 Assume that Hallett has decided to use a plantwide overhead rate based on direct labor hours. Actual data for the month of June are as follows: Cutting Department Sewing Department Total Overhead $20,610 $35,750 $56,360 Direct labor hours 2,800 8,600 11,400 Machine hours 13,640 13,640 Required: 1. Calculate the predetermined plantwide overhead rate. Round your answer to the nearest cent. per direct labor hour 0 2. Calculate the overhead applied to production for the month of June. Use an overhead application rate that is rounded to the nearest cent in your calculations, and round your nal answer to the nearest dollar. D 3. Calculate th ove e for the month of June. a l overapp d underapp ed Balance of Work in Process and Finished Goods, Cost of Goods Sold Derry Company uses job-order costing. At the end of the month, the following information was gathered: Job # Total Cost Complete? Sold? 301 $1,640 Yes No 302 1,1 10 Yes Yes 303 740 No No 304 2,080 Yes No 305 4,080 Yes No 306 410 No No 307 770 Yes Yes 308 530 No No 309 1,180 No No 310 550 No No The beginning balance of Finished Goods was $570, consisting of Job 300, which was not sold by the end of the month. Required: 1. Calculate the balance in Work in Process at the end of the month. $l:] 2. Calculate the balance in Finished Goods at the end of the month. 35:] 3. Calculate Cost of Goods Sold for the month. $l:l