Mason Company has two manufacturing departmentsMachining and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the following information with respect to Jobs A and B: Estimated Data Machining Assembly Total Manufacturing overhead $ 8,228,000 $ 484,000 $ 8,712,000 Direct labor-hours 22,000 374,000 396,000 Machine-hours 374,000 17,000 391,000 Job A Machining Assembly Total Direct labor-hours 5 10 15 Machine-hours 11 2 13 Job B Machining Assembly Total Direct labor-hours 4 5 9 Machine-hours 12 3 15 Required: 1. If Mason Company uses a plantwide predetermined overhead rate with direct labor-hours as the allocation base, how much manufacturing overhead cost would be applied to Job A? Job B? 2. Assume that Mason Company uses departmental predetermined overhead rates. The Machining Department is allocated based on machine-hours and the Assembly Department is allocated based on direct labor-hours. How much manufacturing overhead cost would be applied to Job A? Job B? (For Requirement 2, round your intermediate calculations and final answers to 2 decimal places.) Newhard Company assigns overhead cost to jobs on the basis of 112% of direct labor cost. The job cost sheet for Job 313 includes $30,664 in direct materials cost and $10,300 in direct labor cost. A total of 1,500 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during the current period, shows charges of $6,200 for direct materials, $9,700 for direct labor, and $5,626 for overhead on its job cost sheet. Job W, which is still in process at year-end, shows charges of $2,900 for direct materials and $5,700 for direct labor. Required: 1a. Should any overhead cost be applied to Job W at year-end? 1b. How much overhead cost should be applied to Job W? 2. How will the costs included in Job Ws job cost sheet be reported within Sigma Corporations financial statements at the end of the year? 24: Yancey Productions is a film studio that uses a job-order costing system. The companys direct materials consist of items such as costumes and props. Its direct labor includes each films actors, directors, and extras. The companys overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support all productions $ 8,500,000 Fixed overhead cost $ 5,100,000 Variable overhead cost per direct labor-dollar $ 0.09 Required: 1. Compute the predetermined overhead rate. 2. During the year, Yancey produced a film titled You Can Say That Again that incurred the following costs: Direct materials $ 1,380,000 Direct labor cost $ 2,550,000 Compute the total job cost for this particular film. 24b: Compute the total job cost for this particular film. (Round your intermediate calculations to 2 decimal places.) Direct materials Direct labor Overhead applied Total job cost