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Job cost sheets for Cullumber Manufacturing are as follows: Job No 210 Quantity 1,500 Manufacturing Date Direct Materials Direct Labor Overhead July 1 7,560 6,720

Job cost sheets for Cullumber Manufacturing are as follows: Job No 210 Quantity 1,500 Manufacturing Date Direct Materials Direct Labor Overhead July 1 7,560 6,720 10,080 8 7,140 10 8,400 15 4,620 16,800 25 Job No 211 Quantity 1,200 Question 1 of 43 < > Job No 211 Quantity 1,200 Manufacturing Date Direct Materials Direct Labor Overhead July 1 4,200 5,040 7,560 2222 10 7,560 15 6,720 20 5,880 27 10,080 What was the balance in Work in Process Inventory on July 1 if these were the only unfinished jobs? Balance in Work in Process Inventory $ 24360 What was the predetermined overhead rate in June if overhead was applied on the basis of direct labor cost? Predetermined overhead rate % If July is the start of a new fiscal year and the overhead rate is 20% higher than in the preceding year, how much overhead should be applied to Job 210 in July? Overhead applied in July $ Assuming Job 210 is complete, what is the total and unit cost of the job? (Round unit cost answer to 2 decimal places, e.g. 52.75) Total cost $ Unit cost $ Assuming Job 211 is the only unfinished job at July 31, what is the balance in Work in Process Inventory on this date? Balance in Work in Process Inventory $ 23520 Journalize the summary entries to record the assignment of costs to the jobs in July. (Note: Make one entry in total for each manufacturing cost element.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit (To assign materials to jobs) (To assign labor to jobs)

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