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Problem 4 15 points nilable Job onder conting Ladin Company produces high-quality microscopes for education and health Sereses. The company uses a job order costing

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Problem 4 15 points nilable Job onder conting Ladin Company produces high-quality microscopes for education and health Sereses. The company uses a job order costing system. Because the microscopes opties require wianificant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $3.920,000 and that employees would work a total of 196,000 direct labor hours During March, the company worked on the following five jobs: DL HOURS DM DL JOB BB ADDED ADDED ADDED 134 S874.400 $16.000 S33.600 1.720 158 181.100 10.000 48.640 1.900 212 87,200 345,600 13.800 146,600 127.400 287 137.400 167,200 8.800 301 75,960 87,380 5.600 TOTAL $1.280.100 S614.760 $443.620 31,820 Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March Actual overhead for the month of March was S652,000. Required: a. Calculate the predetermined overhead rate used by Aladin Company in 2021. b. Calculate the total manufacturing cost for March. c. Calculate the total cost for each of the five jobs as of March 31. d. Calculate the cost of goods manufactured for March. e. Calculate the balance in the Work in Process Inventory account as of March 31, f Calculate the cost of Goods Sold for March 8. Calculate the balance in the Finished Goods Inventory account as of March 31. - Assume there was no beginning Finished Goods Inventory

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