Emma Corp. manufactures and sells outdoor grills and uses job costing to assign cost to their products. During March 2021, the company started production on four separate jobs (#1-#4).

The following information was provided by the accounting manager:

• The company did not have any other jobs in process during the month (the beginning balance in all inventory accounts was zero)
• The company applies manufacturing overhead to all jobs utilizing Direct Labor Hours as the cost driver.
• By the end of March, only Job #4 was completed and available to be sold.
• No products from Jobs #1-4 were sold during the March 2021.

Relevant costing information is shown in the tables below

BUDGETED/ESTIMATED (CALCULATED JAN 2021)	JOB #1	JOB #2	JOB #3	JOB #4	TOTAL
Direct Materials	10,000	20,000	25,000	15,000	70,000
Salary for CEO and CFO	2,000	2,000	2,000	2,000	8,000
Direct Labor	5,000	5,000	6,000	4,000	20,000
Indirect Labor for Production Supervisors	1,000	2,000	5,000	2,500	10,500
Rent, Insurance and Utilities on Production Factory Building	500	500	500	500	2,000
Depreciation on Equipment	750	750	750	1,250	3,500
Advertising of Company Products	250	250	250	250	1,000
Direct Labor Hours	900	1,050	1,050	1,000	4,000

ACTUALS (MARCH 2021)	JOB #1	JOB #2	JOB #3	JOB #4	TOTAL
Direct Materials	8,000	15,000	20,000	17,000	60,000
Direct Labor	4,000	4,000	6,000	5,000	19,000
Manufacturing Overhead	4,000	2,500	5,900	4,800	17,200
Period Costs	2,100	2,100	2,250	1,250	7,700
Direct Labor Hours	900	1,100	1,200	1,500	4,700

As Applicable, Round Answers to Two Decimal Places (e.g. 12.50)

1. What was the Predetermined Manufacturing Overhead Rate used for Job #3? $

2. How much manufacturing overhead was applied for Job #3? $

3. Was manufacturing overhead over-applied or under-applied for Job #3 (Answer Choices: OVER, UNDER, NEITHER)?

4. What was Job #4's Cost of Goods Manufactured for March 2021? $

5. How much was recorded to Cost of Goods Sold during March 2021? $

6. Which of the following is the correct journal entry to record the application (applied) of manufacturing overhead?

For question 6, select one of the following answers (input applicable letter for your answer)

A. Debit: Manufacturing Overhead and Credit: Work in Process Inventory

B. Debit: Work In Process Inventory and Credit: Manufacturing Overhead

C. Debit: Manufacturing Overhead and Credit: Cash or Other Payables

D. Debit: Finished Goods Inventory and Credit: Manufacturing Overhead