Please complete part (c)-(f)

Sunland Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2020, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $ 24,200 direct labor $ 14,520, and manufacturing overhead $ 19,360. As of January 1, Job 49 had been completed at a cost of $ 108,900 and was part of finished goods inventory. There was a $ 18,150 balance in the Raw Materials Inventory account. During the month of January, Sunland Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold during the month. The following additional events occurred during the month. Purchased additional raw materials of $ 108,900 on account Incurred factory labor costs of $ 84,700. Incurred manufacturing overhead costs as follows: indirect materials $ 20,570; indirect labor $ 24,200 ; depreciation expense on equipment $ 14,520; and various other manufacturing overhead costs on account $ 19,360. Assigned direct materials and direct labor to jobs as follows. 1. 2. 3. 4. Job No. 50 51 52 Direct Materials $ 12,100 47,190 36,300 Direct Labor $ 6,050 30,250 24,200 (a) Your answer is correct. Calculate the predetermined overhead rate for 2020, assuming Sunland Company estimates total manufacturing overhead costs of $ 1,016,400, direct labor costs of $ 847,000, and direct labor hours of 24,200 for the year. (Round answer to the nearest whole percent, eg. 25%.) Predetermined overhead rate 120 % eTextbook and Media Attempts: 1 of 3 used (b) Your answer is correct. Openjob cost sheets for Jobs 50, 51, and 52. Enter the January 1 balances on the job cost sheet for Job 50. Job No. 50 Date Direct Materials Direct Labor 14,520 Manufacturing Overhead $ 19,360 Beg $ 24,200 $ Jan. 12.100 6,050 7,260 36,300 $ 20.570 $ 26,620 36,300 Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost 20,570 26,620 $ 83.490 Job No. 51 Date Direct Materials Direct Labor Manufacturing Overhead $ 36,300 Jan. $ 47,190 $ 30,250 $ 47,190 $ 30,250 $ 36,300 47,190 Cost of completed job Direct materials Direct labor Manufacturing overhead Total cost 30,250 36,300 $ 113,740 Job No. 52 Date Jan. $ Direct Materials Direct Labor Manufacturing Overhead $ 29,040 36,300 $ 24,200 e Textbook and Media Attempts: 1 of 3 used (c)-(f) (c) (d) Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January Record the assignment of direct materials, direct labor, and manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). Post all costs to the job cost sheets as necessary. Total the job cost sheets for any job(s) completed during the month. Record the completion of any job(s) during the month. Record the sale of any job(s) during the month. (e) (f) (c) (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e.g. (45).) Manufacturing Costs Raw Materials Manufacturing Inventory Factory Labor Overhead Purchase raw materials Incurred factory labor Factory depreciation Other overhead costs Indirect materials Indirect labor (d) Direct materials Direct labor Assigned overhead (e) Jobs completed (f) Jobs sold eTextbook and Media Save for Later Last saved 2 minutes ago. Attempts: 0 of 3 used Submit Answer (c)-(f) (c) (d) Record the purchase of raw materials, the factory labor costs incurred, and the manufacturing overhead costs incurred during the month of January Record the assignment of direct materials, direct labor, and manufacturing overhead costs to production. In assigning manufacturing overhead costs, use the overhead rate calculated in (a). Post all costs to the job cost sheets as necessary. Total the job cost sheets for any job(s) completed during the month. Record the completion of any job(s) during the month. Record the sale of any job(s) during the month. (e) (f) ng Costs (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Work in Process Finished Goods Manufacturing Inventory Inventory Overhead Cost of Goods Sold abor eTextbook and Media Save for Later Last saved 2 minutes ago. Attempts: 0 of 3 used Submit