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:

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 esimate of overhead costs at different volumes for the current year as follows: Direci labor-hours Variable ovemeed costs Fixed overhead costs 210,000 $1,050,000 1,260,000 $1.470,000 666,000 $1,716,000 $1,926,000 $2.136,000 50.000 180,000 666,000 666,000 Total overhead 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 complated: Inventories. March 1 Matorials and supplioa Work-in-process (Job 6023) Finished goods $ 30,500 $162,000 $338.500 Purchases of materials and supplies Materals Suppliea $412,000 $46,000 Materials and supplies requisitioned for production Job 602 Job 6024 Job 6025 Suppliea $138.000 112,500 80.500 20,000 $351,000 Fecory dreca labo-hours (DLH) Job 6023 Job 6024 Job 602 10,000 DLH 10,000 DLH 6,000 DLH Labor costa Direct labor wages (al hcursST) Indirect labor wages (14,000 hours) Supervisory salarios S 182,000 58.800 106,000 Building occupancy costs (heat, light, depreciation, etc.) Factory facilbes Sales and administraive offices $ 20,000 7,500 Factory equipment costs Power Repairs and maimenance Other 14,000 5.500 6,500 $ 26,000 (Noto: Ragardless of your answer to roquirement a, assumo that the prodetermined ovorhoad rato is $9 por drect labor-hour. Uso this amount in answoring requiromontsbthrough a.)