Vaughn Wings, Inc. manufactures airplanes for use in stunt shows. Vaughns factory is highly automated, using the latest in robotic technology. To keep costs low, the company employs as few factory workers as possible. Since each plane has different features (such as its shape, weight, and color), Vaughn uses a job order costing system to accumulate product costs. At the end of 2016, Vaughns accountants developed the following expectations for 2017 based on the marketing departments sales forecast:

please help with the last . part please with calculations

Additional information about Vaughn's operations in 2017 includes the following . Raw materials purchases for the year amounted to $1,950,000. All materials were purchased on account. * The company used $1,860,000 in raw materials during the year. Of that amount, 85% was direct materials and 15% was indirect materials. . Vaughn applied overhead to Work in Process Inventory based on direct materials cost. Airplanes costing $3,450,000 to manufacture were completed and transferred out of Work in Process Inventory * Vaughn uses a markup of 80% to price its airplanes. Sales for the year were $6,570,000. All sales are made on account. (Note: This transaction requires two journal entries Your answer is correct. What was Vaughn's predetermined overhead rate in 2017? (Round answer to 2 decimal places, eg. 52.75%.) of direct materials cost Attempts: 2 of 1S used Your answer is correct. Prepare the journal entries to record Vaughn's costs for 2017 (Use Saaries Payable and Wages Payable accounts for payroll costs.) (Credit account titles are automatically indented when the amount is entered. Do not indent manualy Post entries in order presented in the problem. Round answers to o decimal places, e.g. 5,275.) No. Account Titles and Explanation 1. Salaries and Wages Ex Debit Credit record salaries for presdent, vice president, and corpoarte secretary) 2. Manufactu elaries Payabl record salaried factory worker costs) 3. Wark in Prace anufactur (To recard hourly factory worker costs) (To recard deprecation on administrative office equipment) 5. (To reord deprecation on factory buikding and equipment) 6. S Manufacturing Overth umulated Depreciat record depreciation on factory building and equipment) 6. tiliti record administrative office ut ites and office supplies expense) 7. Manufacturing Overh 270 record factory insurance and factory ubilities) 8. TRaw Materi OOD record raw materials purchases) 9 Work in Process Invento anufacturing Overh Materials In 860000 record direct materials and indirect materials used in production) 10. apply overhead to work in process) 11. 1Finished Goods Inve 450,000 ork in Process Invento record transfer of completed airplanes) 12 reoord sale of aiplaes to customers) 13. t of Goods Sol Finished Goods Inve To recard ast of airplanes sold) [7] Your nswer is correct. Prepare the appropriate T-accounts for Raw Materials Inventory, Work-in-Process Inventory, Finished Goods Inventory, Manufacturing Overhead Control, Cost of Goods Sold, and Sales, and record Vaughn's transactions for 2017, (Post entries in order presented in the problem. Round answers to 0 decimal places, e.g. 5,275. Raw Materials 8) 950000u9i860000 Work in Process Inventory 0)109421 433 Finished Goods Inventory 1600 4500 Manufacturing Overhead 13500 i 10)l0109421 1279000 4571 Cost of Goods Sold Sales Revenue Your answer is correct. Was manufacturing under- or overapplied in 2017? By how much? (Round answer to 0 decimal places, e.g. 5,275.) Overheads Overappliled bys24571 Attempts: 1 of 15 used Your answer is correct. Make the adjusting entry necessary to close the under- or overopplied overhead to cost of goods sold. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,27S.) Account Titles and Explanation Debit Credit anufacturing Overnea 457 45710 Attempts: 1 of 1S used Your answer is correct. r Vaughn chooses instead to prorate under- or overapplied overhead, what are the adjusted Work in Process Inventory, Finished Goods Inventory and Cost of Goods Sold account balances for 2017? (Round Y% of total to 2 decimal places, e.g. 55.75 and final answers to 0 decimai places, e.g. 5,275.) Adjusted Balance 3721 Work In Process Finished Goods Cost of Goods Sold 8743 Attempts: 4 of 1S used Your answer is correct. If Vaughn chooses instead to prorate under-or overapplied overhead, what are the adjusted work in Process Inventory Finished Goods Inventory and Cost of Goods Sold account balances for 2017? Round % of total to 2 decimal Places, e g 55.75 and final answers to O decimal places, e.g. 5,275.) Adjusted Balance 372 Work In Process Finished Goods Cost of Goods Sold Attempts: 4 of 15 used Your answer is incorrect. Try again Job 3827 was started and completed n 2017. The job required 1 100 machine hours, 200 direct labor hours, and $80 000 in direct materials to complete what was the total cast af this Job? Using Vaughn's 80% markup, what sales price would charged for this airplane? (Round answers to 0 decimal places, e.g. 5,275.) 327600 Total Cost S 5901552 Sales Price s Attempts: 2 of 15 used