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W nts 2 Skipped Johnson Inc. is a job-order manufacturing company that uses a predetermined overhead rate based on direct labor hours to apply
W nts 2 Skipped Johnson Inc. is a job-order manufacturing company that uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 89,000 and estimated factory overhead is $445,000. The following information is for September of the current year. Job A was completed during September, and Job B was started but not finished. eBook Print erences September 1, inventories Materials inventory Work-in-process inventory (All Job A) Finished goods inventory Material purchases Direct materials requisitioned Job A Job B Direct labor hours Job A Job B Labor costs incurred Direct labor ($7.00/hour) Indirect labor Supervisory salaries Rental costs $ 8,000 32,200 69,500 111,500 70,000 36,000 4,700 4,000 60,900 14,000 6,500 Factory 7,500 Administrative offices 2,300 Total equipment depreciation costs Factory 8,250 Administrative offices 2,350 Indirect materials used 12,500 Required: 1. What is the total cost of Job A? 2. What is the total factory overhead applied during September? 3. What is the overapplied or underapplied overhead for September? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the total cost of Job A? (Do not round intermediate calculations.) < Prev 2 of 5 Next >
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