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Sorrento Products uses a job costing accounting system for its manufacturing costs. A predetermined overhead rate based on machine-hours is used to apply overhead to

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Sorrento Products uses a job costing accounting system for its manufacturing costs. A predetermined overhead rate based on machine-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. The expected volume is 212,000 machine-hours for the entire year. The following information is for March, when Jobs 302 and 304 were completed: Required: year this ompont in answering tequirements (b) through (h) os needed) b. Compute the total cost of jot302 when it is firished d. What total amount of ovetriend was opplifed to jobs during March? e. Compute actual factory overtieod incurred duing March. i. At the end of the yeor, Sorrento Pipdusts hod the following iccount balooces Show the overapplied overtiead iffect en the occount balances final bolances after alfocationy in the folfowing toble

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