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Sarah-Louise-Carte Producern employo a job order cont accounting water and keeps perpetual inventory records. The following transactions occurred in the month of September 2010: 1.

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Sarah-Louise-Carte Producern employo a job order cont accounting water and keeps perpetual inventory records. The following transactions occurred in the month of September 2010: 1. Direct materials requisitioned during the month Job 101 $20,000 Job 102 10,000 Job 103 24,000 $60.000 2. Direct labor incurred and charged to jobs during the month was Job 101 $32,000 Job 102 28,000 Job 103 20.000 $80.000 3. Manufacturing overhead was applied to jobs worked on uning a predetermined overhead rate based on 75% of direct labor conts 4. Actual manufacturing overhead costs incurred during the month arounted to $69,000, 5. Job 101 consisting of 380 units and Job 103 consisting of 400 units were completed during the month. Sharah-Louise-Carla Producera ban the following accounts in its lodger Work in Process Inventory Raw Materials Inventory Manufacturing Overhead Finished Goods Inventory Factory Labor Instructions a. Prepare journal entries to record the above transactions a. Prepare journal entries to record the abovo transactions. Your answers must include a comma, o... 9,000 NOT 9000, if applicable. No abbroviations. No dollar signs ($) in the general journal. All misspelled accounts will be marked incorrect. No special characters, (o.g.) IGNORE the period and 2 places for conts (ie, :00 DATE ACCOUNTING TITLE PR DEBIT CREDIT 1 2 3 CASH, AR, ETC. 5 b. Answer the following questions: Your answers must include a comma, 0.9., 9,000 NOT 9000, applicable. No abbreviations. No dollar signs ($) in the general Journal. All misspelled accounts will be marked incorrect. No special characters, (0.9.,-) IGNORE the period and 2 places for cents (io, te). 1. How much manufacturing overhead was applied to Job 103 during the month? 2. Compute the unit cost of Job 101. 3. What is the balance in Work in Process Inventory at the end of the month? 4. Determine if manufacturing overhead was under-or over-applied during the month. 5. How much is the over- or under-applied amount in question 4 above

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