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In the Customer Computers segment, Nerdzy uses job order costing. It assigns direct materials (DM) and direct labor (DL) to each job and allocated overhead

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In the Customer Computers segment, Nerdzy uses job order costing. It assigns direct materials (DM) and direct labor (DL) to each job and allocated overhead (OH) to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of the year, the controller prepared the following budget: MOH $ 290,000 DL Costs 145,000 Labor Rate 32 During September, Nerdzy worked on several different custom computer jobs with records in the table below: Job Records for September 1 Job 248 Job 249 Job 250 Job 251 Job 252 2 DL Hours 290 122 100 99 250 3 DM $ 24,843 $ 2,548 $ 4,831 S 2,159 $ 18,435 4 Completed in 21 Yes Yes No No Yes 15 Quoted Sales Price 79654 21654 18946 10542 62467 16 Sale Type Credit Cash 17 18 Nerdzy also provided the additional information below for you to reference 19 Additional Information 20 Plant Janitorial wages 14,052 21 Sales Salaries Expense 32,650 22 Delivery Expense 1,570 23 Utilities for Plant paid immediately 10,246 24 Rent on Plant paid immediately 13,580 25 Customer Service Hotline Costs 654 26 Plant Supervisor Wages 5,043 27 Plant Insurance Previously Paid 2,436 28 Plant Prop Taxes incurred (not paid) 3,457 29 Indirect Materials used during month 8,743 30 RM Purchased 124,648 31 RM Beg Bal 12,546 32 33 Requirements 341. Compute Nerdzy Computer Company's predetermined OH allocation rate for this year. 35 36 2. Compute the total cost for each job. 37 38 3. Prepare Journal Entries for all of the jobs that were worked on in Q1 including costs associated 39 with the jobs, accumulation of overhead, allocation of overhead, completion of jobs, sales 40 transactions & adjusting overhead {pay attention to the transaction descriptions to help guide which 41 journal entry you are completing). 42 44 1 Computer Computer Company delocation rate for me yrar Predetermine wote Reg 2 Comote the total cost for each feb 24 ob 250 Isb 251 ob 252 UM Costs DE Costs Total Cost Raq Paparoumd for utsted in a Puchond wat Transferred direct and it is to production Assigned aber to menty production Paid plants Pasid rent en plant to recordance to con Allocated over to pro Trang Cond job to do To record sale of ob 708 Metre les transition est and the mentowy tremo Toron sale of Adjusted Mommy

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