quiz Submitted 10 Which of the following is the correct sequence in which cost management information is developed and used? The following information is for Punta Company for July a. Factory overhead costs were applied to jobs at the predetermined rate of $43.50 per labor hour. Job Sincurred 6,185 labor hours, Job T used 4,285 labor hours. b. Job S was shipped to customers during July c. Job T was still in process at the end of July. d. The overapplied or underapplied overhead to the Cost of Goods Sold account was closed at the end of July e. Factory utilities, factory depreciation, and factory insurance incurred are summarized as follows: Utilities Depreciation Insurance Total $ 14,550 45,500 18,200 $ 78,250 f. Direct materials and indirect materials used are as follows: Material A Material Subtotal Indirect materials Total Jobs $ 29,000 12.300 5 41,300 Job $ 71,750 35,300 $ 107,050 Total $ 100,250 AZ 600 $ 145,35e 211500 3359, quiz Submitted 10 Which of the following is the correct sequence in which cost management information is developed and used? The following information is for Punta Company for July a. Factory overhead costs were applied to jobs at the predetermined rate of $43.50 per labor hour. Job Sincurred 6,185 labor hours, Job T used 4,285 labor hours. b. Job S was shipped to customers during July c. Job T was still in process at the end of July. d. The overapplied or underapplied overhead to the Cost of Goods Sold account was closed at the end of July e. Factory utilities, factory depreciation, and factory insurance incurred are summarized as follows: Utilities Depreciation Insurance Total $ 14,550 45,500 18,200 $ 78,250 f. Direct materials and indirect materials used are as follows: Material A Material Subtotal Indirect materials Total Jobs $ 29,000 12.300 5 41,300 Job $ 71,750 35,300 $ 107,050 Total $ 100,250 AZ 600 $ 145,35e 211500 3359,