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 5 38,000 2 Work-in-Process 44,000 7 Finished Goods 0 0 Cost of Goods sold $2 Direct materials purchased in July 70,000 Materials issued to productions X13 18,180 X14 36,220 X15 14,750 Factory labor hours used ($30/hour) 1 X13 4,250 X14 3,550 x15 2,350 Indirect labor 7,650 Other factory overhead conte incurred Rent $ 139,000 Uulities 839,850 Repairs and maintenance 196,000 Depreciation 138,600 other 63,500 As of July 31, Job X13 was sold and Jobs X14 and 15 were still in process Total factory overhead applied in July was $1613,850. 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? Depreciation other 138,00 63,500 As of July 31, Job X13 was sold and Jobs X14 and X15 were still in process. Total factory overhead applied in July was $1,613,850. 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 Compute the predetermined factory overhead rate. Factory overhead rate % of direct labor cost Required 1 Required 2 >