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Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses

Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $382,500 of manufacturing overhead for an estimated allocation base of 850 direct labor-hours. The following transactions took place during the year (all purchases and services were acquired on account):

a. Raw materials purchased for use in production, $300,000.
b. Raw materials requisitioned for use in production (all direct materials), $285,000.
c. Utility bills were incurred, $79,000 (80% related to factory operations, and the remainder related to selling and administrative activities).
d. Salary and wage costs were incurred:

Direct labor (950 hours) $ 330,000
Indirect labor $ 110,000
Selling and administrative salaries $ 210,000

e. Maintenance costs were incurred in the factory, $74,000.
f. Advertising costs were incurred, $156,000.
g.

Depreciation was recorded for the year, $92,000 (80% related to factory equipment, and the remainder related to selling and administrative equipment).

h.

Rental cost incurred on buildings, $117,000 (85% related to factory operations, and the remainder related to selling and administrative facilities).

i. Manufacturing overhead cost was applied to jobs, $ ?.
j.

Cost of goods manufactured for the year, $970,000.

k.

Sales for the year (all on account) totaled $2,200,000. These goods cost $1,000,000 according to their job cost sheets.

The balances in the inventory accounts at the beginning of the year were:

Raw materials $ 50,000
Work in process $ 41,000
Finished Goods $ 80,000

Required:
1.

Prepare journal entries to record the above data. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

I need the answer for ( i )

6.

Job 412 was one of the many jobs started and completed during the year. The job required $10,000 in direct materials and 36 hours of direct labor time at a total direct labor cost of $10,900. If the job contained five units and the company billed at 75% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer?

price change for job 412? ( )

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