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Tongie Tires, USA manufactures custom race car tires. The following transactions occurred during the month of Apri a Purchased raw materials, on account, $808,000 b.
Tongie Tires, USA manufactures custom race car tires. The following transactions occurred during the month of Apri a Purchased raw materials, on account, $808,000 b. Total factory labor incurred, $607,360 Raw materials requisitioned to jobs: f Apri 1. Job 191A $ 140,960 2 Job 192B 171,680 3. Job 193C 144,400 4. Job 1940 157,080 5. Factory use 17,880 a Payroll records reveal the following labor allocations to jobs 1. Job 191A $72.000 2 Job 192B 88,000 3. Job 1930 60 000 3. Job 1930 60,000 4. Job 1940, 100,000 5. Factory use, 29.200 a Actual factory overhead cost incurred on account. $98,000 b. Depreciation on factory equipment. $38 200 c Taxes on the factory building, $17 200 d The predetermined overhead rate is 70% of direct labor e Jobs 192B, 193C, and 1940 were completed during the month of April INSTRUCTIONS: Provide a response to each of the following Must use ss and comma where applicable. Ot 1. If the Raw Material account balance on April 30 was $250.000 the beginning balance in the Raw Materia 2. The total manufacturing factory overhead applied in April is $102 400 3. At the end of the quarter, is the manufacturing overhead over or under-applied? over-applied 4. What is the amount of the over or under-applied manufacturing overhead? S4 400 5. The Work-in-Process balance at the end of April is $212,960 representing incomplete job Depreciation on factory equipment, $38,200 Taxes on the factory building, $17,200 The predetermined overhead rate is 70% of direct labor Jobs 192B, 1930 and 194D were completed during the month of April. RUCTIONS: Provide a response to each of the following. Must use $'s and comma wh If the Raw Material account balance on April 30 was $250,000, the beginning balance i The total manufacturing factory overhead applied in April is At the end of the quarter, is the manufacturing overhead over or under-applied? What is the amount of the over or under-applied manufacturing overhead? The Work-in-Process balance at the end of April is representi
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