I need help with letters (C) (d) (e) (f)
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Sheridan Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2022. Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $ 21,000, direct labor $12,600, and manufacturing overhead $ 16,800. As of January 1, Job 49 had been completed at a cost of $ 94,500 and was part of finished goods inventory. There was a $ 15,750 balance in the Raw Materials Inventory account. During the month of January, Sheridan Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold during the month. The following additional events occurred during the month. 1. 2. 3 Purchased additional raw materials of $ 94,500 on account Incurred factory labor costs of $ 73,500. Incurred manufacturing overhead costs as follows:indirect materials $ 17,850; indirect labor $ 21,000; depreciation expense on equipment $ 12,600; and various other manufacturing overhead costs on account $ 16,800. Assigned direct materials and direct labor to jobs as follows. 4. Job No. Direct Materials $ 10,500 Direct Labor $5,250 50 51 40.950 26,250 52 31.500 21,000 Calculate the predetermined overhead rate for 2022, assuming Sheridan Company estimates total manufacturing overhead costs of $ 882.000, direct labor costs of $ 735.000, and direct labor hours of 21,000 for the year. (Round answer to the nearest whole percent, e.g. 25%) Predetermined overhead rate 120 % e Textbook and Media Open job cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg 21000 12600 $ 16800 Jan. 10500 5250 6300 31500 17850 $ 23100 Openjob cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Job No. 50 Date Direct Materials Direct Labor Manufacturing Overhead Beg $ 21000 $ 12600 $ 16800 Jan. 10500 5250 6300 $ 31500 $ 17850 $ 23100 Cost of completed job Direct materials $ 31500 Direct labor 17850 Manufacturing overhead 23100 Total cost $ 72450 Job NO.51 Date Direct Materials Direct Labor Manufacturing Overhead Jan. $ 40950 $ 26250 $ 31500 $ $ 40950 26250 $ 31500 Cost of completed job Direct materials $ 40950 Direct labor 26250 Manufacturing overhead 31500 Total cost $ 98700 Job No.52 Date Direct Materials Direct Labor Manufacturing Overhead Jan $ 31500 21000 25200 Manufacturing Costs Factory Labor Raw Materials Inventory Manufacturing Overhead (c) Purchase raw materials $ $ $ Incurred factory labor Factory depreciation Other overhead costs Indirect materials Indirect labor (d) Direct materials Direct labor Assigned overhead Jobs completed Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Manufacturing Overhead $ I Indirect materials Indirect labor (d) Direct materials Direct labor Assigned overhead Jobs completed le) (1) Jobs sold Ending balance $
