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 $$4,275,000$ in

manufacturing overhead cost at an activity level of $570,000$ machine$-$hours.

The company spent the entire month of January working on a large order for $12,400$ custom$-$made

machined parts. The company had no work in process at the beginning of January. Cost data relating to

January follow:

a$.$ Raw materials purchased on account, $$324,000.$

b$.$ Raw materials used in production, $$270,000(80\%$ direct materials and $20\%$ indirect materials$).$

c$.$ Labor cost accrued in the factory, $$174,000($one$-$third direct labor and two$-$thirds indirect labor$).$

d$.$ Depreciation recorded on factory equipment, $$62,700.$

e$.$ Other manufacturing overhead costs incurred on account, $$84,500.$

f$.$ Manufacturing overhead cost was applied to production on the basis of $40,610$ machine$-$hours

actually worked during the month.

g$.$ The completed job for $12,400$ custom$-$made machined parts was moved into the finished goods

warehouse on January $31$ to await delivery to the customer. $($In computing the dollar amount for this

entry, remember that the cost of a completed job consists of direct materials, direct labor,

and applied overhead.$)$

Required:

Prepare journal entries to record items $($a$)$ through $($f$)$ above $[$ignore item $($g$)$ for the moment$].$

Prepare T$-$accounts for Manufacturing Overhead and Work in Process. Post the relevant items from

your journal entries to these T$-$accounts.

Prepare a journal entry for item $(g)$ above.

If $11,000$ 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?