#Q2 .Pendarvis Company uses a job-order costing system and has the following information for the first week of June:

1.Direct labor and direct materials used:

Job No. Direct Material Direct Labor Hours

498 $1,500 116

506 960 16

507 415 18

508 345 42

509 652 24

511 308 10

512 835 30

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Total $5,015 256

2.The direct labor wage rate is $4 per hour.

3.The overhead rate is $5 per direct labor hour.

4.Actual overhead costs for the week, $1,480.

5.Jobs completed: Nos. 498, 506, and 509.

6.The factory had no work in process at the beginning of the week.

Required:

A.PrepareA a summary that will show the total cost assigned to each job.

B.Compute the amount of overhead over- or underapplied during the week.

C.Calculate the cost of the work in process at the end of the week.