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Please help me with this assignment below.The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours.
Please help me with this assignment below.The company uses a job order costing system and applies manufacturing overhead to jobs based on direct labor hours. The total estimated manufacturing overhead costs per month is $ The company estimates that there will be direct labor hours worked during the month What is the predetermined overhead rate POHRData : The cost of the direct materials that can be used to manufacture the table are as follows. Data : Assume a $ per hour wage rate to the assembly employees. The following employee costs were incurred but not paid during the month:Post the journal entries that you recorded on the "General Journal" tab to the Taccounts General Ledger tab and calculate the ending balance for each account. This is the company's first month of business, so there will not be any beginning balances.Next, pre pare the following journal entry: Check Figure : Cost of Goods Manufactured $ Check Figure : Net Operating Income $ What is the ending balance for raw materials? What is the ending balance for work in process? What is the ending balance for finished goods? What is the ending balance for accounts payable? From the Schedule of Cost of Goods Manufactured, what are the raw materials used in production? What is the actual manufacturing overhead cost incurred during December? What is the total applied manufacturing overhead cost during December? What is the unadjusted cost of goods sold? Was the manufacturing overhead for month December overappliedunderapplied Enter either underapplied or overapplied What is the dollar amount of overappliedunderapplied manufacturing overhead? What is the adjusted cost of goods sold? What is the gross margin in dollars from the income statement? What is the total prime cost from the Job # Cost Sheet? What is the total conversion cost from the Job # Cost Sheet? What is the total product cost from the Job # Cost Sheet? What was the period cost incurred for the month of December? What is the contribution margin in dollars for Job #assume that all selling and administrative cost and all manufacturing overhead costs are fixed. If job# was for five tables instead of one, what would be the total amount of variable cost recorded on Job #s cost sheet? If the factory has the capacity to produce five tables each month, what would be the total actual fixed manufacturing overhead cost in dollars incurred if five tables were produced instead of one?
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