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1. Calculate the total cost for Job M1. 2. 1,600 pipes were produced for Job M1. Calculate the cost per pipe. 3. Prepare the journal entry transferring Job M1 to finished goods. 4. What is the ending balance in the Work-in-Process Control account? The Solar Radiator Company uses a normal-costing system with a single manufacturing overhead cost pool and machine-hours as the cost-allocation base. The following data are for 2020 : (Click the icon to view the following data.) Read the requirements. Requirement 1. Compute the budgeted manufacturing overhead rate for 2020. Begin by selecting the formula you will use. Then, enter the amounts and calculate the rate. Data table Machine-hours data and the ending balances (before proration of under- or overallocated overhead) are as follows: truction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and dire r-hours is the allocation base for assembly support costs. In December 2019, Acre budgets 2020 assembly-support costs to 2020 . Acre is combarina the costs of several liobs that were started and completed in 2020 . the icon to vif requirements. Data table Direct materials and direct labor are paid for on a contract basis. The costs of each are known when direct materials are used or when direct labor-hours are worked. The 2020 actual assembly-support costs were $6,042,000, and the actual direct labor-hours were 159,000 . Acre Construction assembles residential houses. It uses a job-costing system with two direct-cost categories (direct materials and direct labor) and one indirect-cost pool (assembly support). Direct labor-hours is the allocation base for assembly support costs. In December 2019, Acre budgets 2020 assembly-support costs to be $8,700,000 and 2020 direct labor-hours to be 145,000 . At the end of 2020, Acre is comparing the costs of several jobs that were started and completed in 2020. (Click the icon to view the data.) Read the Requirement 1. Compute the (a) budgeted indirect-cost rate and (b) actual indirect-cost rate. Why do they differ? Identify the formula to calculate the budgeted indirect cost rate and then calculate the rate. (Click the icon to view the job information.) in May. Read the requirements. Requirement 1. Compute the total cost for Job M1. Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2020 : (Click the icon to view the data.) Read the requirements. Waheed Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The follo (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate Determine the formula, the Data table Data table