Given: Tiana Shar, the controller for Bondi Furniture Company, is in the process of analyzing the overhead costs for the month of November. She has gathered the following data for the month. Labor Direct-labor hours: Job 77............................3,500 Job 78..... 3,000 Job 79.....2,000

Labor costs: Direct-labor wages.... $221,000 Indirect-labor wages ......................16,000 Supervisory salaries......7,000

Material Inventories, November 1: Raw material and supplies...... $10,500 Work in process (job 77)..53,000 Finished goods .......................................113,000

Purchases of raw material and supplies: Raw material...... $135,000

Supplies (indirect material) ......................14,000

Direct material and supplies requisitioned for production: Job 77 .44,000 Job 78......37,500 Job 79....25,500 Supplies (indirect material) ...13,000 Total $120,000 Other Building occupancy costs (heat, light, depreciation, etc.) Factory facilities .6,400 Sales offices ............................1,600 Administrative offices ..................1,000 Total $9,000 Production equipment costs: Power..... $4,100 Repairs and maintenance ....................................1,500 Depreciation ...1,500 Other ....................................................................1,000 Total .....................................................................8,100 The firms job-order costing system uses direct-labor hours (measured at practical capacity) as the cost driver for overhead application. In December of the preceding year, Shar had prepared the following budget for direct-labor and manufacturing-overhead costs for the current year. The plant is theoretically capable of operating at 150,000 direct-labor hours per year. However, Shar estimates that the practical capacity is 120,000 hours in a typical year. Manufacturing Overhead Direct-Labor Hours Variable Fixed 100,000 $324,000 $216,000 120,000 391,200 216,000 140,000 456,000 216,000 During November the following jobs were completed: Job 77 side chairs Job 78 end tables How do I find:

1. Calculate the predetermined overhead rate for the current year (Round to 2 decimals)

2. Calculate the total cost of Job 77. (Do not round your intermediate calculations. Round your final answer to the nearest dollar amount)

3. Compute the amount of manufacturing overhead applied to job 79 during November.(Do not round your intermediate calculations. Round your final answer to the nearest dollar amount)

4. What was the total amount of manufacturing overhead applied during November?(Do not round your intermediate calculations. Round your final answer to the nearest dollar amount)

5. Compute the actual manufacturing overhead incurred during November.

6. Calculate the overapplied or underapplied overhead for November.(Do not round your intermediate calculations. Round your final answer to the nearest dollar amount)