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Jojo Co. had the following balances and information for October please help sith E,F,G,H and D for exercise 7 Beg. finished goods inventory = $24

Jojo Co. had the following balances and information for October
please help sith E,F,G,H and D for exercise 7
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Beg. finished goods inventory = $24 Beg. work in process inventory = $4 Beg. raw materials inventory = $12 End. finished goods inventory = $12 End, work in process inventory = $8 End. raw materials inventory = $20 Raw material purchases = $80 Factory wages paid = $120 Indirect materials = $8 Indirect labor = $28 Other overhead costs = $72 Sales = $440 Predetermined overhead rate = 200% direct materials 128 a) Cost of raw materials used equals: b) Cost of direct materials equals (RM - Ind Materials): c) Cost of direct labor equals (Factory wage - Ind Labor): d) Manufacturing overhead applied equals: e) Total manufacturing costs equal: f) Cost of goods manufactured equals: g) Cost of goods sold" equals: h) Gross profit equals: Don't worry about over or underapplied overhead Exercise 7 At the beginning of 2017, YourCo. estimated total manufacturing overhead costs for the year of $2080 and that direct labor costs would total $5200. 40% 128 a) What is the predetermined overhead rate for 201x if YourCo uses DL as its allocation base? (Calc and then enter answer.) b) Job 103 had $320 direct labor. How much overhead was applied to it? c) During 201X, Your Co's actual overhead incurred totalled $2496 and actual direct labor costs were $4680. Was factory overhead under or over applied? d) What is the amount of under or over applied factory overhead based on the data from part C? Under

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