The is the question for all requirements. NO STEPS NEEDED just solutions

Required:

1-a. Compute the predetermined overhead rate for the year. (Omit the "%" sign in your response.)

Predetermined overhead rate ( %)

1-b. Compute the amount of underapplied or overapplied overhead for the year. (Omit the "$" sign in your response.) $

is it a: (overapplied overhead) or b: (Underapplied overhead) ? what is the amount?

Required #2

2.	Prepare a schedule of cost of goods manufactured for the year. (Input all amounts as positive values. Omit the "$" sign in your response.) here is a picture to help:

3-a.	Compute the cost of goods sold for the year. (Do not include any underapplied or overapplied overhead in your cost of goods sold figure.) (Omit the "$" sign in your response.)

Cost of goods sold

( $) ?

3-b.

What options are available for disposing of under applied or overapplied overhead? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)

a -	Underapplied or overapplied overhead may be allocated among Work in Process, Finished Goods, and Cost of Goods Sold in proportion to the overhead applied
b -	Underapplied or overapplied overhead may be closed directly to Finished Goods
c -	Underapplied or overapplied overhead may be allocated between Work in Process and Finished Goods
d -	Underapplied or overapplied overhead may be allocated between Finished Goods and Cost of Goods Sold in proportion to the overhead applied
e -	Underapplied or overapplied overhead may be closed directly to Work in Process
f -	Underapplied or overapplied overhead may be closed directly to Cost of Goods Sold
g -	Underapplied or overapplied overhead may be allocated between Work in Process and Cost of Goods Sold in proportion to the overhead applied

4.

Job 137 was started and completed during the year. What price would have been charged to the customer if the job required $3,200 in materials and $4,200 in direct labour cost, and the company priced its jobs at 40% above the jobs cost according to the accounting system? (Omit the "$" sign in your response.)

Price to customer

( $)

The Pacific Manufacturing company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labour cost. In computing an overhead rate for the year, the company's estimates were: manufacturing overhead cost, $126,000; and direct labour cost, $84,000. The company has provided the following data Beginning Ending Raw Materials $21,000 $16,000 $44,000 $40,000 Work in Process $68,000 $60,000 Finished Goods The following actual costs were incurred during the years $133,000 Purchase of raw materials (all direct) 80,000 Direct labour cost Manufacturing overhead costs: 7,000 Insurance, factory 18,000 Depreciation of equipment 42,000 Indirect labour Property taxes 9,000 Maintenance 11,000 36,000 Rent, building