Parker Company uses a job-order predetermined overhead rate based on direct labor-hours. Lastyear manufacturing overhead and direct labor-hours were estimated at $50,000 and 20,000 hours, respectively, for the year. In June, Job #461 was completed. Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour. At the end of the year, it was determined that the companyworked 24,000 direct labor-hours for the year and incurred $54,000in actual manufacturing overhead costs. costing system and applies manufacturing overhead to jobs using a Required: a. Job #461 contained 1 00 units. Determine the unit product cost that would appear on the job cost sheet. b. Determine the underapplied oroverapplied overhead for the year. Clonex Labs, Inc., uses a process costing system. The following data are available for one Percent Completed Units Materials Conversion Work in process, October 1 Work in process, October 31 52,000 90% ????? 71% 65% 54% The department started 389,000 units into production during the month and transferred 411,000 completed units to the next department. What was the Companies Equivalent Units of Production?? Materials Conversion Cost The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variable costs in the organization. The managerial accountant reported the following information: Sunny Manufacturing Cost Report January - June 20XX Machine-hour 1,800 2,900 1,000 2,400 3,400 Month Total Costs Janua Februa March April May $21,500 $23,200 $19,750 $21,000 $23,900 Use the high-low method to determine the cost equation and use machine hours as the base for a cost driver in the analysis Country Furniture Company manufactures furniture atits Akron, Ohio, factory. Some of its costs from the past year include $ 980 16,70 50,10 23,70 360 21,40 reciation on sales office reciation on facto actorv su ales commissions ubricants used in facto surance costs for facto ages paid to maintenance workers abricused to upholster furniture reight-in (on raw materials) osts of delivery to customers ages paid to assembly-line workers umber used to build product tilities in facto tilities in sales office uipment isor sala uipment 115,2 10,40 3200 930 115,7 82,60 54,00 26,30 Product costs for Country Furniture Company totaled