Write the calculation process, please KU Company Private Limited uses a job order costing system and a predetermined overhead rate based on machine hours At the beginning of the year, the company estimated manufacturing overhead for the year would be $250,000 and 10,000 machine hours would be used The following information pertains to the month of April of the current year Work in process, April 1 Job 180 Job 181 Job 182 Prime cost $17,500 $25,500 $24,000 Applied overheads $ 2,500 $ 3,000 $ 7,500 April production activity Direct material requisitioned $ 4,000 $ 4,800 $ 6,000 Direct labour costs $ 3,200 $ 4,200 $ 2,800 Ma chine hours used 300 500 800 Actual manufacturing overhead costs for the month of April were $38,600 Job 180 and 182 were completed in April Prime costs for Job 180 amounted to A $21,500 B $24,000 C $24,700 D $27,200 E $28,058 F $34,700 Conversion costs for Job 182 in the month of April amounted to A $ 5,888 B $ 8,800 C $11,888 D $22,800 E $28,800 F None of the above The amount of underapplied or overapplied overhead for the month of April was $0 B $11,600 C $38,600 D $40,000 E $210,000 F None of the above Q2 MA Company uses a job cost system in costing its jobs In addition to the two dire ct cost c ategories (dire ct material s and dire ct labor), the company applies manufacturing overhead costs on the basi s of dire ct labor hours worke d For the month of October, 2007, the following information was extra cted from its a ccounting records Beginning inventory (1 10 2007) direct materials $50,000 Beginning inventory, Work in process (WIP) Job 123 $80,000 c Beginning inventory, Work in process (WIP) Job 125 $125,000 Beginning inventory, Work in process (WIP) Job 128 $68,000 Total direct materials issued to the various jobs during October were as followed i Job 123 $ 50,000 ii Job 125 $ 30,000 iii Job 128 $125,000 iv Job 129 $ 55,000 v Job 130 $ 30,000 TOTAL $290,000 Total direct labor costs for the month amounted to $52,000, all production workers were paid the same rate, the dire ct labor hours (DLH) worke d for ea ch job during the month were as follows Job 123 400 DLH Job 125 600 DLH Job 128 1,000 DLH Job 129 400 DLH v Job 130 200 DLH TOTAL 2,600 DLH Manufacturing overhead is alloc ated using a predetermined overhead rate (POHR) POHR is currently $12 per DLH Closing inventory direct materials $60,000 Job 129 and Job 130 remained unfinished on 31 10 2007 Total Actual Manufacturing Overhead amounted to $30,200 For the month of October, manufa cturing overhead was $ 800 overapplied $ 800 underapplied $1,200 overapplied $1,200 underapplied None of the above Cost of goods manufa ctured for Job 128 was A $157,000 B $213,000 C $225,000 D $233,000 E None of the above The dollar amount for the clos ing inventory, WIP of Job 130 was A $30,000 B $34,500 C $36,500 D $40,500 E None of the above Material purchased duri ng October amounted to A $290,000 B $300,000 C $310,000 D $320,000 E None of the above

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Write the calculation process, please KU Company Private Limited uses a job-order costing system and a predetermined overhead rate based on machine hours. At the

Write the calculation process, please

KU Company Private Limited uses a job-order costing system and a predetermined overhead rate based on machine hours.

At the beginning of the year, the company estimated manufacturing overhead for the year would be $250,000 and 10,000 machine hours would be used.

The following information pertains to the month of April of the current year:

Work-in-process, April 1:	Job #180	Job #181	Job #182
Prime cost	$17,500	$25,500	$24,000
Applied overheads	$ 2,500	$ 3,000	$ 7,500
April production activity:
Direct material requisitioned	$ 4,000	$ 4,800	$ 6,000
Direct labour costs	$ 3,200	$ 4,200	$ 2,800
Ma chine hours used	300	500	800

Actual manufacturing overhead costs for the month of April were $38,600. Job #180 and #182 were completed in April.

Prime costs for Job # 180 amounted to: A. $21,500

B. $24,000

C. $24,700

D. $27,200

E. $28,058

F. $34,700

Conversion costs for Job # 182 in the month of April amounted to : A. $ 5,888

B. $ 8,800

C. $11,888

D. $22,800

E. $28,800

F. None of the above

The amount of underapplied or overapplied overhead for the month of April was:

B. $11,600

C. $38,600

D. $40,000

E. $210,000

F. None of the above

Q2. MA Company uses a job cost system in costing its jobs. In addition to the two dire ct cost c ategories (dire ct material s and dire ct labor), the company applies manufacturing overhead costs on the basi s of dire ct labor hours worke d. For the month of October, 2007, the following information was extra cted from its a ccounting records:

Beginning inventory (1.10.2007) direct materials: $50,000
Beginning inventory, Work-in-process (WIP) Job # 123: $80,000 c. Beginning inventory, Work-in-process (WIP) Job # 125: $125,000

Beginning inventory, Work-in-process (WIP) Job # 128: $68,000
Total direct materials issued to the various jobs during October were as followed:

i. Job #123: $ 50,000

ii. Job #125: $ 30,000 iii. Job #128: $125,000 iv. Job #129: $ 55,000 v. Job #130: $ 30,000 TOTAL $290,000

Total direct labor costs for the month amounted to $52,000, all production

workers were paid the same rate, the dire ct labor hours (DLH) worke d for ea ch job during the month were as follows:

Job #123: 400 DLH
Job #125: 600 DLH
Job #128: 1,000 DLH
Job #129: 400 DLH v. Job #130: 200 DLH TOTAL 2,600 DLH

Manufacturing overhead is alloc ated using a predetermined overhead rate (POHR). POHR is currently $12 per DLH.
Closing inventory direct materials: $60,000
Job #129 and Job #130 remained unfinished on 31.10.2007.
Total Actual Manufacturing Overhead amounted to $30,200.