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please help with these 2 :( new Mac Saved Pmeip Chapter 19 Problems 3 At the beginning of a year, a company predicts total direct
please help with these 2 :(
new Mac Saved Pmeip Chapter 19 Problems 3 At the beginning of a year, a company predicts total direct materials costs of $900,000 and total overhead costs of $1170,000. If the company uses direct materials costs as its activity base to allocate overhead, what is the predetermined overhead rate it should use during the year? 11.11 points Predetermined overhead rate Choose Numerator Choose Denominator: Rate Rate eBook Che 5 On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 40% of direct materials costs. During the month, the jobs used direct materials as shown below. 11 olnts Job 1 Job 2 Job 3 Direct materials $5,000 $7,000 $1,500 used eBook During the month, the jobs used direct labor as shown below. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March. Hint Job 3 Direct labor used $9,000 $4,000 $3,000 Job 1 Job 2 Print References 1. Determine the amounts of direct materials, direct labor, and factory overhead applied that would be reported on job cost sheets for each of the three jobs for March, JOB COST SHEET Job 1 Job 2 Job 3 Direct materials Direct labor Factory overhead Total eBook 2. Determine the total dollar amount of Work in Process Inventory at the end of March. Hint Ending work in process inventory Print References 3. Determine the total dollar amount of Finished Goods Inventory at the end of March. Assume the company has no beginning Work in Process or Finished Goods inventories. Finished goods inventory Step by Step Solution
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