Kansas Company uses a job costing accounting system for its production costs. The company uses a predetermined overhead rate based on direct labor-hours to apply overhead to individual jobs. The company prepared an estimate of overhead costs at different volumes for the current year as follows: Direct labor-hours 150,000 180,000 210,000 Variable overhead costs $ 1,050,000 $ 1,260,000 $ 1,470,000 Fixed overhead costs 648,000 648,000 648,000 Total overhead $ 1,698,000 $ 1,908,000 $ 2,118,000 The expected volume is 180,000 direct labor-hours for the entire year. The following information is for March, when Jobs 6023 and 6024 were completed. Inventories, March 1 Materials and supplies $ 31,500 Work in process (Job 6023) $ 162,000 Finished goods $ 337,500 Purchases of materials and supplies Materials $ 405,000 Supplies $ 45,000 Materials and supplies requisitioned for production Job 6023 $ 135,000 Job 6024 112,500 Job 6025 76,500 Supplies 18,000 $ 342,000 Factory direct labor-hours (DLH) Job 6023 10,500 DLH Job 6024 9,000 DLH Job 6025 6,000 DLH Labor costs Direct labor wages (all hours @ $8) $ 204,000 Indirect labor wages (12,000 hours) 51,000 Supervisory salaries 108,000 Building occupancy costs (heat, light, depreciation, etc.) Factory facilities $ 19,500 Sales and administrative offices 7,500 Factory equipment costs Power 12,000 Repairs and maintenance 4,500 Other 7,500 $ 24,000 (Note: Regardless of your answer to requirement [a], assume that the predetermined overhead rate is $9 per direct labor-hour. Use this amount in answering requirements [b] through [e].) Required: (a) Compute the predetermined overhead rate (combined fixed and variable) to be used to apply overhead to individual jobs during the year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Predetermined overhead rate $ (b) Compute the total cost of Job 6023 when it is finished. (Omit the "$" sign in your response.) The total cost of Job 6023 $ (c) How much of factory overhead cost was applied to Job 6025 during March? (Omit the "$" sign in your response.) Factory overhead cost of Job 6025 $ (d) What total amount of overhead was applied to jobs during March? (Omit the "$" sign in your response.) Total amount of overhead $ (e) Compute actual factory overhead incurred during March. (Omit the "$" sign in your response.) Actual factory overhead incurred $ (f) At the end of the year, Kansas Company had the following account balances: Overapplied overhead $ 3,000 Cost of goods sold 2,940,000 Work-in-process inventory 114,000 Finished goods inventory 246,000 Assuming that the overapplied overhead is not material, show the new account balances in the following table. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Overapplied overhead $ Cost of goods sold Work-in-process inventory Finished goods inventory