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.

Account			July 1	July 31
Iventories
Direct Materials			38,300	?
Work - In - Process			44600	?
Finished Goods			0	0
COGS			?
Direct Materials Purchased in July			73,000
Materials issued to production:
X13			18,540
X14			38,620
X15			14,900
Factory Labor Hours used ( 30$/Hour)
X13			4,400
X14			3,700
X15			2,500
Indirect Labor			7800
Other Factory OH Cost Incurred
Rent			140,500
Utilities			996,000
Repairs and Maintenace			197,500
Depreciation			140,100
Other			65,000

As of July 31, Job X13 was sold and Jobs X14 and X15 were still in process.

Total factory overhead applied in July was $1,780,800.

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.