Name Problems Ch14 Unit Job Orders 4. Brady Corporation has estimated overhead to be $250,000 for the year based on an estimated amount of direct labor hours of 40,000. Actual direct labor hours for the year are 41.500 and actual overhead is 5258.900 Required: A.) Calculate the predetermined overhead rate. B) Calculate how much overhead has been applied C.) Calculate the overhead variance. D.) Assuming that the variance is immaterial, prepare the journal entry to close the variance 5. During February, Alexander, Inc., worked on two jobs with the following data: 200 units Units in each order Units sold Materials requisitioned Direct labor hours Direct labor cost Job 12 100 units 100 units S2,480 820 hrs. $12,300 $ 1970 1,166 hrs $17.490 Overhead is assigned on the basis of direct labor hours at a rate of S12 During February, Job 12 was completed and transferred to finished goods. Job 13 is the only unfinished job at the end of the month A B. Calculate the per-unit cost of Job 12. Calculate the ending balance in the work-in-process account. 6. If actual overhead for the year is $33,451 and applied overhead is $32,000, is the overhead variance crapplied or underapplied? Prepare the journal entry necessary to reconcile overhead. Assume the variance is immaterial C Case Loom Powered by Core Page 2