Problem 4-26 (Part Level Submission) Sheffield Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes' optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2017, the company estimated its manufacturing overhead would be $1,960,000 and that employees would work a total of 65,333 direct labor hours. During March, the company worked on the following five jobs: Job 134 158 212 287 301 Total Direct Materials Direct Labor Direct Labor Hours Beginning added during added during added during Balance March March March $118,700 $4,000 $8,400 150 121,650 2,600 12,140 390 21,800 86,600 36,800 3,480 34,250 71,600 31,900 2,770 19,100 21,895 1,370 $296,400 $183,900 $111,135 8,160 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 $177,000. The manufacturing overhead account is disposed of annually, not monthly. Your answer is correct. Calculate the predetermined overhead rate used by Sheffield Company in 2017. Predetermined overhead rate $U JDLH Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Attempts: 2 of 15 used v (b) Your answer is correct. Calculate the total manufacturing cost for March. 539835 Total Manufacturing Cost Click if you would like to Show Work for this question: Open blank Show Work (C) Your answer is correct. Calculate the total cost for each of the five jobs as of March 31. Job 134 Job 158 Job 212 Job 287 Job 301 135600 1 148090 249600 220850 82095 Total Cost Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Attempts: 1 of 15 used (d) x Your answer is incorrect. Try again. Calculate the cost of goods manufactured for March. 385200 Cost of Goods Manufactured $0