Swifty Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2017, the company estimated its manufacturing overhead would be $1,950,000 and that employees would work a total of 65,000 direct labor hours. During March, the company worked on the following five jobs:

Job		Beginning Balance		Direct Materials added during March		Direct Labor added during March		Direct Labor Hours added during March
134		$118,500		$3,000		$8,300		140
158		121,450		2,400		12,130		200
212		21,900		86,600		36,200		3,440
287		34,250		71,600		31,880		2,620
301				18,880		21,875		1,310
Total		$296,100		$182,480		$110,385		7,710

Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Actual overhead for the month of March was $176,000. The manufacturing overhead account is disposed of annually, not monthly.

Calculate the predetermined overhead rate used by Swifty Company in 2017.

Predetermined overhead rate

$ /DLH

Calculate the total manufacturing cost for March.

Total Manufacturing Cost

$

Calculate the total cost for each of the five jobs as of March 31.

		Job 134		Job 158		Job 212		Job 287		Job 301
Total Cost		$		$		$		$		$

Calculate the cost of goods manufactured for March.

Cost of Goods Manufactured

$

Calculate the balance in the Work in Process Inventory account as of March 31.

Work in Process Account as of March 31

$

Calculate the Cost of Goods Sold for March.

Cost of Goods Sold for March

$

Calculate the balance in the Finished Goods Inventory account as of March 31.

Finished Goods Inventory account as of March 31

$