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Required Information [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's

image text in transcribed Required Information [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's Inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $15.75 per direct labor-hour was based on a cost formula that estimated $630,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materlals were purchased on account, $646,000. b. Raw materlals used in production, $608,000. All of of the raw materlals were used as direct materlals. c. The following costs were accrued for employee services: direct labor, $580,000; Indirect labor, $150,000; selling and administrative salarles, $317,000. d. Incurred varlous selling and administratlve expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $376,000. e. Incurred varlous manufacturing overhead costs (e.g., depreclation, Insurance, and utillties), $480,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. g. Jobs costing $1,765,050 to manufacture according to their job cost sheets were completed durling the year. h. Jobs were sold on account to customers during the year for a total of $2,970,000. The Jobs cost $1,775,050 to manufacture according to their job cost sheets. 8. What is the total amount of actual manufacturing overhead cost Incurred during the year

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