ent Page Layout Formulas Data Review View Help X N H D O M E R Raw Materials WIP Finished Goods BB BB DM DL OH ER EB COGS Manufacturing Overhead Prior to adjustment overhead is: BB The POHR is: EB 19 CH 20 CH 21 ORA ere to search Part I- Job Order Costing Builders-R-Us continued work on job M-16 this month, until it was finished and sold near the end of the month. The following information pertains to job M-16: Work done in previous periods included $30,000 of raw materials and $55,000 of conversion cost. This month, the company purchased $175,000 of raw materials, which gave them a total of $199,000 available for use. Actual material usage for the month was $162,000. The company's average wage rate for assembly workers is $27 per hour. This month, there were a total of 1,400 man-hours incurred for this type of work. Overhead is applied to production based on man hours. The budget for the month called for $300,000 of overhead and 1,500 man-hours. Actual overhead costs were tabulated at the end of the month and totaled $315,000. . . Use the preceding information to complete the CH 19 tab in the excel book provided. Calculate the pre- determined overhead rate (POHR) and put your answer in the appropriate cell. Each T-account should be completed by inputting a beginning balance (sometimes this may be zero), adds, subtracts (aka debits and credits), and an ending balance. After recording all entries pertaining to the information above, review the account for overhead to determine if it is over or under-applied (fill in the cell provided with the word and the dollar amount, i.e., $25,000 overapplied). Then, make the appropriate adjustment using the T-accounts to address this issue