Hi!I have a homework question I'm not sure if I'm doing it correctly.Below is the information from the question and my answer in bold.

Glass Company makes glass orders based on the customer

specifications, so the company uses job costing to track costs.

The company uses direct labor hours as the cost driver for

manufacturing overhead application.

Manufacturing overhead costs for the year:$787,500

Usage of direct labor hours for the

year:225,000

Beginning Work-in-process, March 1 (Job

57)$80,000

Beginning Finished Goods, March (Job

55)$150,000

Labor Information for March:

Direct

labor hours:

Job

577,000

Job

588,000

Job

595,000

Labor

costs:

Direct

labor

wages$420,000

Indirect

labor

wages$25,000

Supervisory

salaries$30,000

Material Information for March:

Raw

Materials, Inventory, March

1$20,000

Purchase

or raw

material$220,000

Direct material requisitioned:

Job

57$80,000

Job

58$75,000

Job

59$51,000

Other costs incurred in March:

Factory

Utilities$7,000

Sales

office

Utilities$4,000

Administrative

offices

Utilities$3,000

Factory

equip repair & maint

costs$6,000

Depreciation

on factory equipment$2,000

Manufacturing

supplies purch & used$5,000

During March the following jobs were completed and sold for the

following sales price:

Job

57$200,000

Job

58$250,000

Hint:You need to calculate the hourly rate and then compute direct labor cost per job.

1. Develop the

predetermined overhead rate.

2. Complete the job cost sheets provided below for the month of

March:

Job

57Job

58Job

59

Beginning

Balance

Current Costs:

Direct

materials

Direct

labor

Applied

overhead

Totals

3. Determine the ending Work-In-Process Inventory at the end of March and provide the Job number of the job(s) still in Work-in-Process at the end of March and the determined total cost of ending work in process for March.

4. Determine the ending Finished Goods for March and provide theJob number(s) of the job(s) in Finished Goods at the end of March and determine the total cost of ending finished goods for March.

5. Determine the Cost of Goods Sold for March and provide the Job number of the Job(s) in Cost of Goods Sold for March and determine the total cost of goods sold for March.