Super Builders is a manufacturer of custom equipment and applies overhead to jobs on the basis of direct labour hours. Super Builders estimated $796,500 overhead costs and 59,000 direct labour hours for the year. Super Builders had 2 jobs in work in process inventory on January 1, 2015. The company started 2 more jobs during January. The following data was provided for January:

Job 102

Job 103

Job 104

Job 105

Balance Jan. 1, 2015

$36,480

$19,020

$0

$0

Direct Materials

$34,420

$45,800

$30,480

$16,420

Direct Labour Cost

$23,000

$32,500

$19,500

$9,720

Direct Labour Hours

4,600

6,500

3,900

1,944

By January 31, 2015, Job 102 and Job 103 were completed and Job 103 was sold.The rest of the jobs remained in process.

Required:

a. Calculate the plantwide overhead rate per direct labour hour?

b. a.Complete the job order cost sheets for all four jobs in January. (4 marks)

Job 102

Job 103

Job 104

Job 105

Beginning Balance

Direct Materials

Direct Labour

Overhead Applied

Total Cost

c.Calculate the work in process inventory on January 31, 2015:

d. Calculate the finished goods inventory on January 31, 2015.

e. Calculate the cost of goods sold for January.