Script Company uses a job costing accounting system for its production costs. A predetermined overhead rate based on direct labor-hours is used to apply overhead to individual jobs. An estimate of overhead costs at different volumes was prepared for the current year as follows:
Direct labor-hours	18,000	24,000	30,000
Variable overhead costs	864,000	1,152,000	1,440,000
Fixed overhead costs	1,200,000	1,200,000	1,200,000
Total overhead	2,064,000	2,352,000	2,640,000
The expected volume is 24,000 direct labor-hours for the entire year. The following information is for October, when jobs 1011 and 1015 were completed:
Inventories, October 1
Raw materials and supplies	100800
Work in process (Job 1011)	219120
Finished goods	546960
Purchases of raw materials and supplies
Raw materials	1509600
Supplies	190320
Materials and supplies requisitioned for production
Job 1011	674400
Job 1015	562800
Job 1017	113280
Supplies	184080
	1534560
Machine-hours (MH)
Job 1011	7,440 MH
Job 1015	7,320 MH
Job 1017	4,440 MH
Direct labor-hours (DLH)
Job 1011	8,400 DLH
Job 1015	3,660 DLH
Job 1017	2,220 DLH
Labor costs
Direct labor wages (all hours @ $48)	685440
Indirect labor wages (12,000 hours)	151200
Supervisory salaries	307200
Building occupancy costs (heat, light, depreciation, etc.)
Factory facilities	88560
Sales and administrative offices	34080
Factory equipment costs
Power	52320
Repairs and maintenance	19680
Other	23760
	95760
(Note: Regardless of your answer to requirement [a], assume that the predetermined overhead rate is $100 per direct labor-hour. Use this amount in answering requirements [b] through [e].)
Required:
a. Compute the predetermined overhead rate (combined fixed and variable) to be used to apply overhead to individual jobs during the year.
b. Compute the total cost of Job 1011 when it is finished.
c. How much of factory overhead cost was applied to Job 1017 during October?
d. What total amount of overhead was applied to jobs during October?
e. Compute actual factory overhead incurred during October.
f. At the end of the year, Script Company had the following account balances: