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Marian Manufacturing (2M) applies manufacturing overhead to jobs based on direct labor costs. For Year 2,2M estimates its which was sold during Year 2, had
Marian Manufacturing (2M) applies manufacturing overhead to jobs based on direct labor costs. For Year 2,2M estimates its which was sold during Year 2, had actual direct labor costs of $748,000. Job 2.M-2, which was completed but not 50 id at the end of the year, had actual direct labor costs of $503,200. Job 2M3, which is still in work-in-process imventory, had actual direct labor costs of $108,800. Actual manufocturing overhead for Year 2 was $742,800. Pecuired: a. How much overhead was applied to each job in Year 2 ? b. What was the over- or underapplied manufacturing overhead for Year 2 ? Complete this question by entering your answers in the tabs below. How much overhead was applied to each fob in Year 2? Marian Manufacturing ( 2M ) applies manufacturing overhead to jobs based on direct labor costs. For Year 2 , 2M. 3 , mantifacturing overhead to be $425,620 and its direct labor costs to be $818,500. 2M worked on three jobs which was sold during Year 2 , had actual direct labor costs of $748,000. Job 2M2, which was completed betr not sold af the end of the year, hod actual direct labor costs of $503,200. Job 2M3, which is still in work-in-process inventory, had actual direct labor costs of $108,800. Actual manufacturing overhead for Year 2 was $742,800. Required: a. How much overhead was applied to each job in Year 2? b. What was the over-or underapplied monufacturing overhead for Year 2 ? Complete this question by entering your answers in the tabs below. What was the over- or underapplied manufacturing overhead for Year 2
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