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Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory

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Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of July, the firm processed three jobs: X13, X14, and X15, of which X13 was started in June. July 1 July 31 Inventories Direct Materials Work-in-Process Finished Goods $36,500 1,000 Cost of Goods Sold Direct materials purchased in July 55,000 Materials issued to production: X13 x14 x15 16,380 24,220 14,000 Factory labor hours used (S/hour): x13 x14 x15 Indirect labor 3,500 2,800 1,600 6,900 Other factory overhead costs incurred: Rent Utilities Repairs and maintenance Depreciation other $131,500 180,600 188,500 131,100 56,000 As of July 31, Job X13 was sold and Jobs X14 and X15 were still in process. As of July 31, Job X13 was sold and Jobs X14 and X15 were stll in process. Total factory overhead applied in July was $900,600. Required 1. Compute the predetermined factory overhead rate. 2. Compute the amount of the Direct Materials account at the end of July 3. Compute the actual factory overhead cost incurred during the month of July 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cos of Goods Sold for July Complete this question by entering your answers in the tabs below. Required 1 equired 2Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the predetermined factory overhead rate Factory overhead rate r 3801%) Required 1 Required 2> 3. Compute the actual factory overhead cost incurred during the month of July Compute the ending balance of the Work-in-Process Inventory account for July 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead 7. What is the cost per unit of Job X13 if it has a totafof 100 units? 8. Prepare the Statement of Cost of Goods Sold for July Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the amount of the Direct Materials account at the end of July. materials amount $ 36,900 Required 1 Required 3 3. Compute the actual factory overhead cost incurred during the month of July. 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1 Required 2Requed 3Required 4 Required s Required 6Rq Compute the actual factory overhead cost incurred during the month of July. Actual factory overhead cost S 894,700 Required 8 Required 2 Required 4> 3. Compute the actual factory overhead cost incurred during the month of July 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the ending balance of the Work-in-Process Inventory account for July Job X14 Job X15 Total Direct materials Direct labor Applied overhead Required 3 Required 5> , .cpu,c u,c slule c..1 vi UJI. Vuvus ".u..u ' uelu, cu 'ul Ju.y. 6. Compute the amount of overapplied or underapplied overhead. 7 What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Required 4 Required 5Required 6 Required 7 Required Compute the amount of overapplied or unid oerhead Required: 1. Compute the predetermined factory overhead rate. 2. Compute the amount of the Direct Materials account at the end of July. 3. Compute the actual factory overhead cost incurred during the month of July. 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What is the cost per unit of Job X13 if it has a total of 100 units? (Round your answer to 2 decimal places.) per unit Required 6 Required 8> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7Required 8 Prepare the Statement of Cost of Goods Sold for July. Haughton Company Statement of Cost of Goods Sold For the month ended July 31 Cost of goods available for sale Cost of goods sold Cost of goods sold Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of July, the firm processed three jobs: X13, X14, and X15, of which X13 was started in June. July 1 July 31 Inventories Direct Materials Work-in-Process Finished Goods $36,500 1,000 Cost of Goods Sold Direct materials purchased in July 55,000 Materials issued to production: X13 x14 x15 16,380 24,220 14,000 Factory labor hours used (S/hour): x13 x14 x15 Indirect labor 3,500 2,800 1,600 6,900 Other factory overhead costs incurred: Rent Utilities Repairs and maintenance Depreciation other $131,500 180,600 188,500 131,100 56,000 As of July 31, Job X13 was sold and Jobs X14 and X15 were still in process. As of July 31, Job X13 was sold and Jobs X14 and X15 were stll in process. Total factory overhead applied in July was $900,600. Required 1. Compute the predetermined factory overhead rate. 2. Compute the amount of the Direct Materials account at the end of July 3. Compute the actual factory overhead cost incurred during the month of July 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cos of Goods Sold for July Complete this question by entering your answers in the tabs below. Required 1 equired 2Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the predetermined factory overhead rate Factory overhead rate r 3801%) Required 1 Required 2> 3. Compute the actual factory overhead cost incurred during the month of July Compute the ending balance of the Work-in-Process Inventory account for July 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead 7. What is the cost per unit of Job X13 if it has a totafof 100 units? 8. Prepare the Statement of Cost of Goods Sold for July Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the amount of the Direct Materials account at the end of July. materials amount $ 36,900 Required 1 Required 3 3. Compute the actual factory overhead cost incurred during the month of July. 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1 Required 2Requed 3Required 4 Required s Required 6Rq Compute the actual factory overhead cost incurred during the month of July. Actual factory overhead cost S 894,700 Required 8 Required 2 Required 4> 3. Compute the actual factory overhead cost incurred during the month of July 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Compute the ending balance of the Work-in-Process Inventory account for July Job X14 Job X15 Total Direct materials Direct labor Applied overhead Required 3 Required 5> , .cpu,c u,c slule c..1 vi UJI. Vuvus ".u..u ' uelu, cu 'ul Ju.y. 6. Compute the amount of overapplied or underapplied overhead. 7 What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Required 4 Required 5Required 6 Required 7 Required Compute the amount of overapplied or unid oerhead Required: 1. Compute the predetermined factory overhead rate. 2. Compute the amount of the Direct Materials account at the end of July. 3. Compute the actual factory overhead cost incurred during the month of July. 4. Compute the ending balance of the Work-in-Process Inventory account for July. 5. Prepare the Statement of Cost of Goods Manufactured for July. 6. Compute the amount of overapplied or underapplied overhead. 7. What is the cost per unit of Job X13 if it has a total of 100 units? 8. Prepare the Statement of Cost of Goods Sold for July. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What is the cost per unit of Job X13 if it has a total of 100 units? (Round your answer to 2 decimal places.) per unit Required 6 Required 8> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7Required 8 Prepare the Statement of Cost of Goods Sold for July. Haughton Company Statement of Cost of Goods Sold For the month ended July 31 Cost of goods available for sale Cost of goods sold Cost of goods sold

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