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Curtis Inc. uses a job order costing system. Manufacturing overhead is applied on thr basis of direct labor cost. Help Save & Curtis Inc. uses

Curtis Inc. uses a job order costing system. Manufacturing overhead is applied on thr basis of direct labor cost. image text in transcribed
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Help Save & Curtis Inc. uses a job order costing system Manufacturing overhead is applied on the basis of direct labor cost. Total manufacturing overhead was estimated to be $37,825 for the year, direct labor was estimated to total $151,300. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory (1/1) $11,200 $ 22.500 $ 34,380 (12/31) $14,400 $ 18.109 $ 39,900 012328 The following transactions have occurred during the year $105,000 $ 94,500 $146,900 Raw materials purchases Direct saterials used Direct labor Indirect materials used Indirect labor Factory equipment depreciation Factory rent Factory utilities Other factory costs $ 16,200 $25.900 $ 19,200 $ .800 $ 7.900 (a) Calculate the predetermined overhead rate Predetermined Overhead Rate Saved (6) Calculate the predetermined overhead rate. Predetermined Overhead Rate (b) Calculate cost of goods manufactur Cost of Goods Manufactured (c) Calculate the over- or underapplied overhead. (Input all amounts as positive values.) Overhead

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