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February 1. During the month of February, the company worked on these three jobs: Direct labor ($6/hour) Direct materials Overhead applied Job Number B10 C44
February 1. During the month of February, the company worked on these three jobs: Direct labor ($6/hour) Direct materials Overhead applied Job Number B10 C44 G15 $53,000 ? $19,500 61,000 80,000 ? ? 44,500 14,625 During the month, the company completed and transferred Job B10 to the Finished Goods Inventory. Jobs C44 and G15 were not completed and remain in Work-in-Process at the cost of $338,650 at the end of the month. Actual factory overhead costs during the month totaled $67,000. Required: 1. What is the predetermined factory overhead rate? 2. Compute the amount of underapplied or overapplied overhead for February. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the predetermined factory overhead rate? (Round your answer to 2 decimal places.) Overhead rate C per direct labor dollar Required 1 Required 2 Compute the amount of underapplied or overapplied overhead for February. (Do not round intermediate calculations.) posle overheater February ( o o ran intermediate acuations) Overapplied overhead
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