I need help finding C.? S600,000, along with 40,000 machine hours. Additional co
ID: 2341689 • Letter: I
Question
I need help finding C.?S600,000, along with 40,000 machine hours. Additional cost information related to the three orders is as follows: Faith $9,000 $6,000 $12,000 Hope Beginning balance, June 1 Direct materials, June Direct labor, June Manufacturing OH, June Machine hours, June Grace $4,300 $9,000 $4,500 $3,800 $2,400 2,000 4,000 1,400 Required a. What is Jestus's predetermined overhead rate? b. How much manufacturing overhead should Jestus apply to each job for June? c. What is the balance in Jestus's Work in Process Inventory account at the end of June? 4-17 Job order cost flows and under- and overapplied overhead , 6) The
Explanation / Answer
Predetermined overhead rate = 600000/40000= $15 per machine hour c Balance in Jestus's Work in Process Inventory account at the end of June is the cost of order Hope Hope Direct materials 3800 Direct labor 2400 Manufacturing OH 21000 =1400*15 Total cost 27200 Balance in Jestus's Work in Process Inventory account $27200
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