Job order cost sheets show the following costs assigned to each job:

The company assigns overhead at $$1\mathrm{.}25$ for each direct labor dollar spent. What is the total cost

for each of the jobs?

The actual overhead for a company is $$74,539.$ Overhead was based on $6,000$ direct labor hours

and was $$2,539$ underapplied for the year.

A$.$ What is the overhead application rate per direct labor hour?

B$.$ What is the journal entry to dispose of the underapplied overhead?

Cost of Goods Sold

Manufacturing Overhead