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PA10 LO 4,6 The actual overhead for a company is $74,539 Overhead was based on 6,000 direct labor hours and was $2.539 underapplied for the

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PA10 LO 4,6 The actual overhead for a company is $74,539 Overhead was based on 6,000 direct labor hours and was $2.539 underapplied for the year A What is the overhead application rate per direct labor hour? B. What is the journal entry to dispose of the underapplied overhead? PA11. LO 4.6 When setting its predetermined overhead application rate, Tasty Box Meals estimated its overhead would be $100,000 and would require 25,000 machine hours in the next year. At the end of the year, it found that actual overhead was $102.000 and required 26,000 machine hours A Determine the predetermined overhead rate B. What is the overhead applied during the year? C. Prepare the journal entry to eliminate the underapplied or overapplied overhead PA12 LO 4.7 The following data summarize the operations during the year Prepare a journal entry for each transaction A Purchase of raw materials on account: $3,000 B. Raw materials used by Job 1: 5500 C. Raw materials used as indirect materials: 5100 D. Direct labor for Job 1: $300 E Indirect labor incurred 550 F. Factory utilities incurred on account: $700 G. Adjusting entry for factory depreciation: $250 H. Manufacturing overhead applied as percent of direct labor 200% Job 1 is transferred to finished goods J. Job 1 is sold: $3,000 K. Manufacturing overhead is overapplied 5100 PA13 LO4.7 The following events occurred during March for Ajax Company Prepare a journal entry for each transaction A Materials were purchased on account for $35.429 B. Materials were requisitioned to begin work on Job C15 in the amount of 525 259 C Direct labor expense for Job C15 was $24,129 D. Actual overhead was incurred on account of 532.852 E Factory overhead was charged to Job C15 at the rate of 200% of direct labor. F Job C15 was transferred to finished goods at $97.646 G. Job C15 was sold on account for $401,000 PA14 LO 4,8 A movie production studio incurred the following costs related to its current movie A Purchased office supplies on account: $33.000 B. Issued direct supplies: S22,512 C. Issued indirect supplies 57,535 D. Time tickets showing direct labor $32,503 230 E. Time tickets showing indirect labor: 5574 326 F. Utilities expense on account: $957,323 G. Overhead applied: 10% of direct labor cost Create journal entries for the Ested transactions

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