Jensen Fences uses job order costing. Manufacturing overhead is charged to individual jobs through the use of a predetermined overhead rate based on direct labor costs. The following information appears in the company's Work in Process Inventory account for the month of June:

Debits to account:
Balance, June 1	$	5,000
Direct materials		19,000
Direct labor		12,100
Manufacturing overhead (applied to jobs as 125% of direct labor cost)		15,125
Total debits to account	$	51,225
Credits to account:
Transferred to Finished Goods Inventory account		44,000
Balance, June 30	$	7,225

Instructions

a.	Assuming that the direct labor charged to the jobs still in process at June 30 amounts to $1,500, compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30.

b.

Prepare general journal entries to summarize:

1.

The manufacturing costs (direct materials, direct labor, and overhead) charged to production during June.

2.

The transfer of production completed during June to the Finished Goods Inventory account.

3.

The cash sale of 80 percent of the merchandise completed during June at a total sales price of $48,000. Show the related cost of goods sold in a separate journal entry.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Badgersize Company has the following information for its Forming Department for the month of August:

Work in Process Inventory, August 1: 20,000 units
Direct materials: 100% complete	$	80,000
Conversion: 20% complete		24,000
Balance in work in process, August 1	$	104,000
Units started during August		53,000
Units completed and transferred in August		60,000
Work in process (70% complete), August 31		?
Costs charged to Work in Process in August
Direct materials	$	136,000
Conversion costs:
Direct labor	$	105,000
Overhead applied		149,000
Total conversion	$	254,000

Assume materials are added at the start of processing.

Instructions

a.	Calculate the equivalent units for the Forming Department for the month of August.

b.	Find the cost per equivalent unit of input resource.(Round your answers to 2 decimal places.)