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THIS IS WHAT I HAVE THUS FAR: I NEED STEPS 5-8 Step 1 Predetermined manufacturing overhead rate: $400 per direct labor hour Manufacturing overhead costs

THIS IS WHAT I HAVE THUS FAR:

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I NEED STEPS 5-8

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Step 1 Predetermined manufacturing overhead rate: $400 per direct labor hour Manufacturing overhead costs S3,000 S1,200 $600 3$4,800 Estimated direct labor hours worked during the month 12 Manufacturing overhead rate $4,800 12 3$400 per direct labor hour Step 2 & Step 3 Cost Sheets for Job 1 and Job 2 Cost Sheet Job #1 Job #2 Direct materials Table top 1600 1600 Legs ($450 x 4) 1800 1800 Drawer 360 3760 Direct labor cost @$30 per hour 6 X $30 180 (3 x $30) (6 x $400) 2400 (3x$400 1200 Manufacturing overheads Total manufacturing cost 5050 Step 4 General Journal Don Dame Account Namo Dobit Credit 16000 20 Dec Manufacturing overhead lfactory equip. 150 01 Dec Raw Materials Accounts Payable Depreciation expense (S&A equip purchased on account Accumulated Depreciation 22-Dec work in proress- Raw materials requisitioned for job Hi pruuess Jub +1. Salaries and WIRcs payablc [3 hours KS30 10-Dec Manufacturing cwerhead. Factory Supervisor salary 10-Dec SalarioE and wages axpanse Salarmes and wages payable Sale of Job 41. 31 Dec Work In process-Job t2 Administrative sulary 3x1 hour Raw materials ncquisitioned torjob 31 Doc Work in process-Job 213 hour 1200 200 Accounts Payable ManufacturingoH applied to Job t2 Rent torta:tory building payable 31-Dec Cost of goods sold 1b-Uet Advert Marufauturinguverhead Accounts Ryabic Undcruppllcd owerhcads

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