Work shown

Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined

overhead rate on total estimated overhead of $104,720 and 3,400 estimated direct

labor-hours. Actual manufacturing overhead for the year amounted to $106,520 and

actual direct labor-hours were 3,200.

 

The applied manufacturing overhead for the year was: (Round your intermediatecalculations to 2 decimal places.)
$98,560
$103,408
$95,584
$100,240

 

A direct labor worker at Cogswell Corporation is paid $24 per hour for regular time andtime and a half for all work in excess of 40 hours per week. The company’s fringe

benefits cost $7 for each hour of employee time (both regular and overtime). Last

week this employee worked 44 hours but was idle for 4 hours due to material

shortages. The company treats all fringe benefits relating to direct labor as added

direct labor cost and the remainder as part of manufacturing overhead.

Required:
Determine how much of the worker’s wages for the week would be classified as directlabor cost and how much would be classified as manufacturing overhead cost. (Do not

round intermediate calculations. Round your final answer to the nearest dollar.

Omit the “$” sign in your response.)

 

  1. Job 731 was recently completed. The following data have been recorded on its job cost sheet:
  Direct materials $2,474
  Direct labor-hours 73  labor-hours
  Direct labor wage rate $    19  per labor-hour
  Machine-hours 134  machine-hours
The company applies manufacturing overhead on the basis of machine-hours.The predetermined overhead rate is $20 per machine-hour. The total cost that would

be recorded on the job cost sheet for Job 731 would be:

$7,381
$6,541
$3,861
$3,865

 

Crinks Corporation uses direct labor-hours in its predetermined overhead rate. Atthe beginning of the year, the estimated direct labor-hours were 13,200 hours and

the total estimated manufacturing overhead was $337,920. At the end of the year,

actual direct labor-hours for the year were 12,800 hours and the actual manufacturing

overhead for the year was $323,490. Overhead at the end of the year was:

(Round your intermediate calculations to 2 decimal places.)

$9,190 underapplied
$4,190 overapplied
$9,190 overapplied
$4,190 underapplied

 

The following data have been recorded for recently completed Job 674 on its jobcost sheet. Direct materials cost was $2,117. A total of 34 direct labor-hours and 224

machine-hours were worked on the job. The direct labor wage rate is $14 per

labor-hour. The company applies manufacturing overhead on the basis of

machine-hours. The predetermined overhead rate is $16 per machine-hour. The total

cost for the job on its job cost sheet would be:

$3,133
$8,322
$6,177
$3,552

 

6.  The Donaldson Company uses a job-order costing system. The following data were recorded for July:

July 1
Work in Process Added During July
Job Number Inventory DirectMaterials DirectLabor
475 $1,560 $910 $346
476 $1,140 $1,340 $1,760
477 $1,300 $1,370 $1,700
478 $1,630 $1,760 $2,430
Overhead is applied to jobs at the rate of 70% of direct materials cost. Jobs 475,477, and 478 were completed during July and transferred to finished goods. Jobs 475

and 478 have been delivered to the customer. Donaldson’s Work in Process inventory

balance on July 31 was:

$4,618
$5,178
$5,338
$9,298 

 

Malcolm Company uses a predetermined overhead rate based on direct labor-hoursto apply manufacturing overhead to jobs.
  On september 1, the estimates for the month were:
    Manufacturing overhead $14,910
    Direct labor-hours 14,200
  During september, the actual results were:
    Manufacturing overhead $16,700
    Direct labor-hours 13,000
The cost records for September will show: (Round your intermediate calculations to 2 decimal places.)
Overapplied manufacturing overhead of $3,050
Under applied manufacturing overhead of $3,050
Under applied manufacturing overhead of $1,790
Overapplied manufacturing overhead of $1,790

 

 

Straley Inc. has provided the following data for the month of February.There were no beginning inventories; consequently, the direct materials, direct labor,

and manufacturing overhead applied listed below are all for the current month.

               
Work in Process Finished Goods Cost of Goods Sold Total
  Direct materials $ 7,510 $ 19,600 $ 35,260 $ 62,370
  Direct labor 8,850 24,900 44,800 78,550
  Manufacturing overhead 8,160 18,870 23,970 51,000
  Total $ 24,520 $ 63,370 $ 104,030 $ 191,920
               
Manufacturing overhead for the month was overapplied by $3,400.
The company allocates any underapplied or overapplied manufacturing overheadamong work in process, finished goods, and cost of goods sold at the end of the

month on the basis of the overhead applied during the month in those accounts.

Required:

Provide the journal entry that would record the allocation of nderapplied or overapplied among work in process, finished goods, and cost of goods sold.

Snappy Company has a job-order costing system and uses a predeterminedoverhead rate based on direct labor-hours to apply manufacturing overhead to

jobs. Manufacturing overhead cost and direct labor hours were estimated at $69,000

and 30,000 hours, respectively, for the year. In July, Job #334 was completed at a cost

of $2,010 in direct materials and $1,800 in direct labor. The labor rate is $6 per hour.

By the end of the year, Snappy had worked a total of 35,500 direct labor-hours and

had incurred $79,350 actual manufacturing overhead cost.

Snappy’s manufacturing overhead for the year was: (Round intermediatecalculations to 2 decimal places.)
$2,300 overapplied
$3,800 overapplied
$3,800 underapplied
$2,300 underapplied