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Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis

Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $4,327,500 in manufacturing overhead cost at an activity level of 577,000 machine-hours.

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deivery to the customer (in computing the coliar amount tor this entry, remember that the cost or a completed job consists of direct materials, direct labor, and applled overhead.) Required: 1. Prepare journal entries to record items (a) through (f) above [ignore item (g) for the moment]. 2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant items from your journal entries to these Taccounts. 3. Prepare a journal entry for item (g) above. 4. If 10.900 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost will be included. in cost of goods sold for February? Complete the question by entering your answers in the tabs below. If 10,900 of the custom-made machined parts are shipped to the customer in February, how much of this job's cost will be included in cost of goods sold for February? (Round your intermediate calculations to 2 decimal places and final answer to the noarost whole dollar amounti). Prepare a journal entry for item ( 9 ) above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the entry to transfer from WIP to Finished goods. twotes fnter debits before credits. Complete the question by entering your answers in the tabs below. Journal entry worksheet Manufacturing overhead cost was applied to production on the basis of 40,780 machine-hours actually worked during the month. Note: Enter debits before credits. Journal entry worksheet

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