The Pacific Manufacturing Company operates a job-order costing system and appl

The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined
overhead rate was based on a cost formula that estimated $117000 of manufacturing overhead for an estimated allocation base of $90000 direct labor dollars.
The company has provided the following data:

Compute the predetermined overhead rate for the year.

Compute the amount of underapplied or overapplied overhead for the year. (Input the amount as a positive
value.)

(Click to select) Overapplied Underapplied overhead

Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials.
(Input all amounts as positive values.)

(Click to select) Work in process ending Raw materials inventory beginning Raw materials inventory ending Manufacturing overhead applied to work in process Work in process beginning (Click to select) Deduct Add : (Click to select) Work in process ending Work in process beginning Raw materials inventory ending Purchases of raw materials Cost of goods manufactured (Click to select) Deduct Add : (Click to select) Work in process ending Raw materials inventory ending Work in process beginning Raw materials inventory beginning Purchases of raw materials (Click to select) Work in process beginning Direct labor Raw materials inventory ending Purchases of raw materials Work in process ending (Click to select) Work in process ending Work in process beginning Purchases of raw materials Raw materials inventory ending Manufacturing overhead applied to work in process (Click to select) Add Deduct : (Click to select) Work in process beginning Work in process ending Raw materials inventory ending Raw materials inventory beginning Purchases of raw materials (Click to select) Add Deduct : (Click to select) Work in process ending Raw materials inventory beginning Raw materials inventory ending Work in process beginning Purchases of raw materials

Compute the unadjusted cost of goods sold for the year. (Do not include any underapplied or overapplied overhead in your cost of goods sold
figure.)

Job 137 was started and completed during the year. What price would have been charged to the customer if the job required $3200 in materials
and $4700 in direct labor cost and the company priced its jobs at 60% above the job%u2019s cost according to the accounting system?

Direct labor made up $8400 of the $38000 ending Work in Process inventory balance. Supply the information missing below: