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National Company has two departments, L and M. Overhead is applied based on direct labor cost in Department L and machine-hours in Department M. The

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National Company has two departments, L and M. Overhead is applied based on direct labor cost in Department L and machine-hours in Department M. The following additional information is available: Budgeted Amounts Department L Department M Direct labor cost $180,000 $165,000 Factory overhead $225,000 $180,000 Machine-hours 51,000 mh 40,000 mh Actual data for Job #19 Department L Department M Direct materials requisitioned $10,000 $16,000 Direct labor cost $11,000 $14,000 Machine-hours 5,000 mh 3,000 mh Required: Compute the budgeted factory overhead rate for Department L. b. Compute the budgeted factory overhead rate for Department M. What is the total overhead cost of Job 19? d. If Job 19 consists of 50 units of product, what is the unit cost of this job? a. c. National Manufacturing Company had the following account balances for the quarter ending December 31,2020 unless otherwise provided: Work-in-process inventory (January 1) $ 140,400 Work-in-process inventory (March 31) 171,000 Finished goods inventory (January 1) 540,000 Finished goods inventory (March 31) 510,000 Direct materials used 378,000 Indirect materials used 84,000 Direct manufacturing labor 480,000 Indirect manufacturing labor 186,000 Property taxes on manufacturing plant building 28,800 Salespersons' company vehicle costs 12,000 Depreciation of manufacturing equipment 264,000 Depreciation of office equipment 123,600 Miscellaneous plant overhead 135,000 Plant utilities 92,400 General office expenses 305,400 Marketing distribution costs 30,000 Required: a. Prepare a cost of goods manufactured schedule for the quarter. b. Prepare a cost of goods sold schedule for the quarter

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