Johnson inc is a job-order manufacturing company that uses

Reference no: EM13600817

Johnson Inc. is a job-order manufacturing company that uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. for 2010, estimated direct labor hours are 95,000, and est. fatcotr overhead is $617,500. the following info is for Sept 2010. Job A was completed during sept, and job B was started but not finished.
Sept 1 ,2010 inventories
Materials inventory 7,500
WIP inventory (All Job A) 31,200
FG inventory 67,000
Material Purchased 104,000
Direct Materials requisistioned
Job A 65,000
Job B 33,500
Direct Labor Hours
Job A 4,200
Job B 3,500
Labor Cost incurred
Direct Labor (8.50/hour) 65,450
Indirect Labor 13,500
Supervisory Salaries 6,000
Rental Costs
Factory 7,000
Admin Offices 1,800
Total Equip. depreciation costs
Factory 7,500
Admin Offices 1,600
Indirect Materials used 12,000

1. What is the total cost of Job A?
2. What is the total factory overhead applied during Sept.?
3. What is the overapplied or underapplied overhead for Sept?

Reference no: EM13600817

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