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Problem 2: (20 points) Job Order Costing Applied Overhead Chelsey Company uses a normal cost, job order costing system, In the Cutting Department, overhead is
Problem 2: (20 points) Job Order Costing Applied Overhead Chelsey Company uses a normal cost, job order costing system, In the Cutting Department, overhead is applied using a predetermined overhead rate of $11.00 per machine hour. In the Assembly Department, overhead is applied using a predetermined overhead rate of $25.00 per direct labor hour. Job #315 was started and completed during February, 2019. The job cost sheet shows the following information: Cutting Department Assembly Department Direct material 25,000 3,800 Direct labor cost 1,500 4,500 Direct labor hours 24 350 Machine hours 320 44 isis Required: Answer the following questions. Show your work and/or calculations. 1) Compute the overhead applied to Job #315 for each department and in total. 2) Compute the total cost of Job #315. (Problems 3 and 4 on next page)
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