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Pharoah Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Pharoah Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2022, the following estimates were made for the year. Department D E K Manufacturing overhead $1,276,800 $1,960,000 $1,008,000 Direct labor costs $1,680,000 $1,400,000 $504,000 Direct labor hours 112,000 140,000 44,800 Machine hours 448,000 $60,000 134,400 The following information pertains to January 2022 for each manufacturing department. Department D E K Direct materials used $156,800 $141,120 $87,360 Direct labor costs $134,400 $123,200 $42,000 Manufacturing overhead incurred $110,880 $138,880 $88,480 Direct labor hours 8,960 12,320 3,920 Machine hours 38,080 50,400 11,648 (a) Compute the predetermined overhead rate for each department. (Round per machine hour answers to 2 decimal places, eg. 12.50 and other answers to O decimal places, eg. 12 or 12%) Overhead rate % Department D Department E $ per direct labor hour Department K $ per machine hour eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (a) Compute the predetermined overhead rate for each department. (Round per machine hour answers to 2 decimal places, eg. 12.50 and other answers to O decimal places, eg. 12 or 12%) Overhead rate % Department D Department E $ per direct labor hour Department K $ per machine hour eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (b) Compute the total manufacturing costs assigned to jobs in January in each department. Manufacturing Costs Department D $ Department E $ Department K $ eTextbook and Media: Save for Later Attempts: 0 of 2 used Submit Answer P (c) Compute the under- or overapplied overhead for each department at January 31. Manufacturing Overhead Department D $ Department E $ Department K $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit

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