It has to be entered in formulas only.

D H - J K A 1 Chapter 2 Lab - Problem PB2-3, p. 100 2 3 E F G Enter formulas or descriptions in these fields You lose 2 points if you don't enter formulas 4 1. Overhead Rate $450,000 150,000 Job 101 $25,500 $11,900 8,000 Direct Materials Cost Direct Labor Cost Machine hours 2. Applied Overhead Job Totals Job 102 $17,000 $8,500 4,000 Job 103 $8,500 $13,600 5,000 5 Given Data: 6 7 Budgeted MOH 8 Budgeted Machine Hours 9 10 Job 101 Sales Price 11 12 Actual Overhead 13 Underapplied 14 Overapplied 15 Total $51,000 $34,000 17,000 $75,000 $56,000 3. Ending WIP Balance Ending FG balance Cost of Goods Sold 16 4. Gross Profit Calculation Revenue Cost of Goods Sold Gross Margin 17 18 19 20 21 22 23 24 25 26 27 28 29 30 5. MOH Control a/c bal. Manufacturing Control Balance