Labor
Direct-labor hours:
Job 57		3,500
Job 58		3,000
Job 59		2,000
Labor costs:
Direct-labor wages	$	221,000
Indirect-labor wages		17,000
Supervisory salaries		7,000
Material
Inventories, November 1:
Raw material and supplies	$	10,500
Work in process (job 57)		54,000
Finished goods		112,000
Purchases of raw material and supplies:
Raw material	$	133,000
Supplies (indirect material)		15,000
Direct material and supplies requisitioned for production:
Job 57	$	44,000
Job 58		37,500
Job 59		25,500
Supplies (indirect material)		12,000
Total	$	119,000
Other
Building occupancy costs (heat, light, depreciation, etc.)
Factory facilities	$	6,600
Sales offices		1,600
Administrative offices		1,000
Total	$	9,200
Production equipment costs:
Power	$	$4,100
Repairs and maintenance		1,500
Depreciation		1,500
Other		1,000
Total	$	8,100

The firms job-order costing system uses direct-labor hours (measured at practical capacity) as the cost driver for overhead application. In December of the preceding year, Shar had prepared the following budget for direct-labor and manufacturing-overhead costs for the current year. The plant is theoretically capable of operating at 150,000 direct-labor hours per year. However, Shar estimates that the practical capacity is 120,000 hours in a typical year.

	Manufacturing Overhead
Direct-Labor Hours	Variable	Fixed
100,000	$325,000	$216,000
120,000	391,200	216,000
140,000	455,000	216,000
During November the following jobs were completed:

Job 57	10 oz. water glasses
Job 58	5 oz. juice glasses

Assist Shar by making the following calculations.

Labor
Direct-labor hours:
Job 57		3,500
Job 58		3,000
Job 59		2,000
Labor costs:
Direct-labor wages	$	221,000
Indirect-labor wages		17,000
Supervisory salaries		7,000
Material
Inventories, November 1:
Raw material and supplies	$	10,500
Work in process (job 57)		54,000
Finished goods		112,000
Purchases of raw material and supplies:
Raw material	$	133,000
Supplies (indirect material)		15,000
Direct material and supplies requisitioned for production:
Job 57	$	44,000
Job 58		37,500
Job 59		25,500
Supplies (indirect material)		12,000
Total	$	119,000
Other
Building occupancy costs (heat, light, depreciation, etc.)
Factory facilities	$	6,600
Sales offices		1,600
Administrative offices		1,000
Total	$	9,200
Production equipment costs:
Power	$	$4,100
Repairs and maintenance		1,500
Depreciation		1,500
Other		1,000
Total	$	8,100

The firms job-order costing system uses direct-labor hours (measured at practical capacity) as the cost driver for overhead application. In December of the preceding year, Shar had prepared the following budget for direct-labor and manufacturing-overhead costs for the current year. The plant is theoretically capable of operating at 150,000 direct-labor hours per year. However, Shar estimates that the practical capacity is 120,000 hours in a typical year.

	Manufacturing Overhead
Direct-Labor Hours	Variable	Fixed
100,000	$325,000	$216,000
120,000	391,200	216,000
140,000	455,000	216,000
During November the following jobs were completed:

Job 57	10 oz. water glasses
Job 58	5 oz. juice glasses

Assist Shar by making the following calculations.

Calculate the predetermined overhead rate for the current year. (Round your answer to 2 decimal places.)Calculate the total cost of Job 57. (Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.)

Compute the amount of manufacturing overhead applied to job 59 during November. (Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.)

What was the total amount of manufacturing overhead applied during November? (Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.)

Compute the actual manufacturing overhead incurred during November.

Calculate the overapplied or underapplied overhead for November. (Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.)