Question:

Determine the underapplied or overapplied manufacturing for January.

3 4 5 6 7 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Sheds, Inc. designs and builds sheds and outbuildings for individual customers. The company uses a job costsystem and treats each customers order as a separate job. At thebe innin of Janua At the beginning.Wgnua Job 21 Job 25 the com an had the followin raw material invento the company had the followingwork-in- rocess inventories: $1 ,ooo $3,000 $500 During January, the following activities took place: 1. Started jobs 26 and 27. 2. Purchased raw materials in January: $13,000 Requisitioned(or used)the following raw materials to the specif\pbs: Job 21 Job 25 Job 26 Job 27 3. Incurred Janua Direct Labor Job 21 Job 25 Job 26 Job 27 Indirect labor manufacturin payroll: $4,000 $1 ,ooo $2,000 $3,000 $700 $2,000 $900 $1 ,600 $400 4. Incurred additional manufacturin overhead costs for Janua Production equipment rent Manufacturing supplies urchased and used Factory utilities $700 $500 $300