Yamuna Fabricating Company uses a job-order costing system and a predetermined overhead rate based on direct labour-hours as the production process heavily relies on a skilled workforce.

At the beginning of the year, the company estimated manufacturing overhead for the year would be $568,000 and labour hours would be 40,000 hours.

The following information pertains to February of the current year:

	JOB-X10	JOB-X11	JOB-X12
WIP February 1	$12,000	$16,000	$21,000
Materials used during March	10,800	7,200	8,300
Direct Labour used	3,200	4,800	5,700
Machine hours	390	420	450
Direct Labour hours	2,500	1,700	1,800

Required: [Show your work in detail for full credit] (Round answers to 2 decimal points):

A). Calculate the predetermined overhead rate (POHR).

B). Complete a brief job-order cost sheet for the 3 jobs for February. (Hint: this requires applying overhead using the rate

calculated in part 1 above).

C). At the end of February Jobs X10 and Job X11 were completed, and Job X11 was sold and delivered to a customer - show

the ending balances of the Work in Process and Finished Goods inventory accounts (assume no beginning Finished

Goods inventory).

D). If actual manufacturing overhead costs are $90,000, what is the amount of overhead variance? Is it Over or Under

applied overhead for February?