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https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5ac1a264-3aa3-4dca-bfe9-966cf25563fc#.. AN C Lab 2 Ch 3 Summer 2023 - 12 Question 2 of 8 A job cost sheet for Sunland Company is shown below.

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https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5ac1a264-3aa3-4dca-bfe9-966cf25563fc#.. AN C Lab 2 Ch 3 Summer 2023 - 12 Question 2 of 8 A job cost sheet for Sunland Company is shown below. Job No. 92 For 2,000 Units Direct Direct Manufacturing Materials Labour Overhead Date Beginning Balance January 1 $4,024 $5,720 $3,432 8 6,500 12 8,840 7,072 25 2,160 27 4,140 3,312 12,684 18,700 13,816 Cost of completed job: Direct materials $12,684 Direct labour 18,700 Manufacturing overhead 13,816 Total cost $45,200 Unit cost ($45,200 - 2,000) $22.60 (a Type here to search 22.C ESC DI F3 F4 F5 F6 F7 PrtSon Home End Pqu F9 F10 a & 5 8 O W E R U O A D G H K//education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=5ac1a264-3aa3-4dca-brey-9 ummer 2023 Question 2 of 8 (a) On the basis of these data, answer the following questions: 1. What was the balance in Work in Process Inventory on January 1 if this was the only unfinished job? The balance in Work in Process Inventory $ 2. If manufacturing overhead is applied on the basis of direct labour cost, what overhead rate was used in each year? Last year This year % % Overhead rate eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer (b Type here to search 22.C F2 DI F3 AX F4 F5 F6 F7 PrtSen Home End F10 PgUP PgDn F11 N 5 O W R U O P IS D G H K

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