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The following information applies to the questions displayed below! Bunnell Corporation is a manufacturer that uses job-order costing On January the company's inventory balances were

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The following information applies to the questions displayed below! Bunnell Corporation is a manufacturer that uses job-order costing On January the company's inventory balances were as follows Raw materials Work in process Finished goods 540,000 $ 11,000 $ 35,000 The company applies overhead cost to jobs on the basis of direct labor hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor hour was based on a cost formula that estimated $650 000 of total manufacturing overhead for an estimated activity level of 40.000 direct labor hours. The following transactions were recorded for the year a Raw materials were purchased on account, 5510,000 b Raw materials used in production $480.000 All of of the raw materials were used as direct materials c. The following costs were accrued for employee services direct labor $600.000 indirect labor $150.000. Selling and administrative salaries, 240.000 d Incurred various selling and administrative expenses le 9. advertising, sales travel costs and finished goods warehousing). $367000 e Incutted various manufacturing overhead costs leg. depreciation Insurance and utes. $500 000 1 Manufacturing overhead cost was applied to production. The company action worked 41000 direct labor hours on all jobs during the year 9 Jobs costing $1680.000 to manufacture according to their job cost sheets were completed during the your h Jobs were sold on account to customers during the year for a total of 52 800.000 The cost $1690000 10 a O B a A Help Save & Exi Check b. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials, c. The following costs were accrued for employee services direct labor $600,000 indirect labor $150,000, selling and administrative salaries. $240.000 d. Incurred various selling and administrative expenses leg, advertising, sales travel costs, and finished goods e incurred various manufacturing overhead costs (eg, depreciation, insurance, and utilities). $500,000 1. Manufacturing overhead cost was applied to production. The company actually worked 41000 direct labor hours on al jobs during the year 9 Jobs costing $1680,000 to manufacture according to their job cost sheets were completed during the year. 1.Jobs were sold on account to customers during the year for a total of $2,800.000 The jobs cost $1.690.000 to manufacture according to their job cost sheets oundational 3-5 (Stotic) What is the total manufacturing cost added to Work in Process dunng the year? Fol monulacuting cott o BE a # 3

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