UCD Company uses a job costing accounting system for its production costs. A predetermined overhead rate based on direct labor-hours is used to apply overhead to individual jobs. An estimate of overhead costs at different volumes was prepared for the current year as follows:

Direct Labor Hours	30,200	40,200	50,500
Variable Overhead Costs	$332,200	$442,200	$555,500
Fixed overhead Costs	500,900	500,900	500,900
Total Overhead	$833,100	$943,100	$1,056,400

The expected volume is 40,200 direct labor-hours for the entire year. The following information is for October, when jobs 1011 and 1015 were completed.

Inventories, October 1
Raw materials and supplies	42,600
Work in process (Job 1011	92,200
Finished goods	229,000
Purchases of raw materials and supplies
Raw materials	630,600
Supplies	79,800
Materials and supplies requisitioned for production
Job 1011	279,500
Job 1015	233,100
Job 1017	45,700
Supplies	74,900
	$633,200
Machine-hours (MH)
Job 1011	6,211 MH
Job 1015	6,112 MH
Job 1017	3,712 MH
Direct labor-hours (DLH)
Job 1011	14,050 DLH
Job 1015	6,170 DLH
Job 1017	3,730 DLH
Labor costs
Direct labor wages (all hours @ $11)	$263,450
Indirect labor wages (12,800 hours)	67,200
Supervisory salaries	126,600
Building occupancy costs (heat, light, depreciation, etc.)
Factory facilities	35,400
Sales and administrative offices	14,020
Factory equipment costs
Power	21,800
Repairs and maintenance	8,170
Other	9,740
	$ 39,710

(Note: Regardless of your answer to requirement [a], assume that the predetermined overhead rate is $23.96 per direct labor-hour. Use this amount in answering requirements [b] through [e].)

Required:

(a)	Compute the predetermined overhead rate (combined fixed and variable) to be used to apply overhead to individual jobs during the year. (Round your intermediate computations and final answers to nearest whole dollar value.)

Overhead rate PER DLH $?

(b)

Compute the total cost of Job 1011 when it is finished. (Round your intermediate computations and final answers to nearest whole dollar value.)

The total Cost of Job 1011?

(c)

How much of factory overhead cost was applied to Job 1017 during October? (Round your intermediate computations and final answers to nearest whole dollar value.)

Factory overhead cost of Job 1017?

(d)

What total amount of overhead was applied to jobs during October? (Round your intermediate computations and final answers to nearest whole dollar value.)

Amount of overhead?

(e)

Compute actual factory overhead incurred during October.

Actual Factory Overhead?

(f)

At the end of the year, UCD Company had the following account balances: (Leave no cells blank - be certain to enter "0" wherever required.)

	Balance
Underapplied Overhead	4,500,000
Cost of Goods Sold	3,150,000
Work-in-Process Inventory	450,000
Finished Goods Inventory	900,000

How would you recommend treating the underapplied overhead? Show the effect on the account balances in the following table:

Underapplied Overhead	?
Cost of Goods Sold	?
Work In Process Inventory	?
Finished Goods Inventory	?