Job Costs Using Activity-Based Costing Reider Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Reider identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $102,000 Number of moves 4,000 Engineering 126,000 Number of change orders 7,000 Other overhead 355,000 Direct labor hours 50,000 Reider worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 $20,400 $19,400 $3,000 $0 Beginning balance Direct materials $6,800 $9,700 $13,000 $10,900 Direct labor cost $970 $1,070 $1,680 $120 49 54 35 7 Number of moves Number of change orders 26 44 20 18 Direct labor hours 970 1,070 1,680 120 By July 31, Jobs 13-43 and 13-44 were completed and sold. Jobs 13-45 and 13-46 were still in process. Required: 1. Calculate the activity rates for each of the three overhead activities. Round all activity rates to the nearest cent. Materials handling rate $ 25.5 per move Engineering rate 18 per change order Other overhead rate $ 7.1 per direct labor hour Feedback Check My Work 2. Prepare job-order cost sheets for each job showing all costs through July 31. When required, round your answers to the nearest dollar. If an amount is zero, enter "0". Reider Company Job-Order Cost Sheets Job 13-43 Job 13-44 Job 13-46 Job 13-45 3,000 Balance, July 1 20,400 19,400 0 Direct materials 6,800 9,700 13,000 10,900 Direct labor cost 970 1,070 1,680 120 Materials handling Engineering Other overhead Total Feedback Check My Work 2. The job-order cost sheet must include a unique number or name for this particular job, all direct costs, and all overhead costs associated with the job. 3. Calculate the balance in Work in Process on July 31. $ 4. Calculate the cost of goods sold for July. $ 5. What if Job 13-46 required no engineering change orders? What is the difference in the new cost of Job 13-46? $ lower How would the cost of the other jobs be affected