Coronado Company produces high-quality microscopes for education and health care uses. The company uses a job order costing system. Because the microscopes’ optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $1,960,000 and that employees would work a total of 49,000 direct labor hours. During March, the company worked on the following five jobs: Job   Beginning Balance   Direct Materials added during March   Direct Labor added during March   Direct Labor Hours added during March   134   $120,600   $6,000   $9,400   140   158   125,450   3,500   12,160   450   212   21,800   88,400   36,650   3,500   287   36,350   71,800   31,850   2,550   301       18,990   21,845   1,400   Total   $304,200   $188,690   $111,905   8,040   Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March. Actual overhead for the month of March was $176,300. The manufacturing overhead account is disposed of annually, not monthly.       Calculate the total cost for each of the five jobs as of March 31.     Job 134   Job 158   Job 212   Job 287   Job 301 Total Cost   $enter a dollar amount    $enter a dollar amount    $enter a dollar amount    $enter a dollar amount    $enter a dollar amount

Roger Company produces pipes for concert-quality organs. Each job is unique. In April 2019, it completed all outstanding orders, and then, in May 2019, it worked on only two jobs, M1 and M2: (Click the icon to view the job information.) Direct manufacturing labor is paid at the rate of $25per hour. Manufacturing overhead costs are allocated at a budgeted rate of $16per direct manufacturing labor-hour. Only Job M1 was completed in May. Read the requirements. Requirement 1. Compute the total cost for Job M1. Job Costs May 2019 Total costs Job M1 ... Data table Roger Company, May 2019 Direct materials Direct manufacturing labor Print Job M1 $70,000 275,000 209,000 Job M2 $ 54,000 Done - X

Ali Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department X and machine hours in Department Z. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year.   Department       X   Z   Manufacturing overhead $78000 $75000   Direct labor costs $60000 $60000   Direct labor hours 5000 4000   Machine hours 10000 15000                 During March, the job cost sheets showed the following costs and production data.     Department         X   Z Direct materials used   $9200 $6400 Direct labor costs   $4800 $5000 Manufacturing overhead incurred   $6600 $6210 Direct labor hours     400 420 Machine hours     800 1260                 Required: Compute the predetermined overhead rate for…

Cards by Hallmark allocate factory overhead based on hours used by a piece of equipment. At the beginning of the period, the company estimates factory overhead to be $25,000 and expects the equipment to be used for 4,000 hours. During the period Job, 22 requires 1,900 hours of use of the equipment. Job 23 requires 1,700 hours, and Job 24 requires 100 hours. As of March 31, actual indirect costs include: $4,000 for indirect materials, $9,100 for indirect labor, $6,000 for utilities, and $5,200 for equipment depreciation. Required: a. Prepare the journal entry to record the costs considered factory overhead. b. Calculate the predetermined factory overhead rate. c. Prepare the journal entry required to apply the factory overhead to the jobs at the end of the month.

Attached herewith is the picture; Prepare the T- accounts for the actual Factory overhead

Please create a Statement of Cost of Goods Manufactured

The Fleming Company of Anguilla (FCA) designs and produces automotive parts. In 2019. actual variable manufacturing overhead is $290,000. FCA's simple costing system allocates variable manufacturing overhead to its three customers based on machine-hours and prices its contracts based on full costs. One of its customers has regularly complained of being charged nonconpetitive prices, so FCA's controller Matthias Hodge reaálizes that it is time to exanine the consumption of overhead resources more closely. He knows that there are three main departments that consume overhead resources: design production, and engineering Interviews with the department personnel and examination of time records yield the following detailed information: Usage of Cost of Drivers by Customer Contract Gumbs Connor Manufacturing Overhead in 2019 Richardson Cost Driver | CAD design hors Engineering hours Machine hours Motors Motors Auto Department Design Production Engineering Total $35,000 250 T00 3,700 150 T30…

Checker Inc. produces automobile bumpers. Overhead is applied on the basis of machine hours required for cutting and fabricating. A predetermined overhead application rate of $12.70 per machine hour was established for 2019.   Required: If 9,000 machine hours were expected to be used during 2019, how much overhead was expected to be incurred? Actual overhead incurred during 2019 totaled $121,650, and 9,100 machine hours were used during 2019. Calculate the amount of over- or underapplied overhead for 2019. (Input the amount as positive value.) Whether the overapplied or underapplied overhead for the year is normally transferred to cost of goods sold in the income statement?

Kenos Pte Ltd manufactures all types of custom-made furniture. It uses a job-costing system and applies manufacturing overhead on the basis of machine hours. The company's manufacturing overhead budget for the year totalled $2,400,000. It has a maximum capacity of 320,000 machine hours. However, it is budgeted to be able to use 75% of this capacity during this period. On 31 July, Kenos Pte Ltd has the following balances: Work in process inventory -Job 123 -Job 124 Raw materials inventory $13,360 Finished inventory -Job 122 $18,000 $8,620 In August, the following occurred: (i)Raw materials purchased on credit (ii) Raw materials requisitions $23,000 (v) Job number 123 124 125 Indirect labour (vi) -Job number 123 -Job number 124 -Job number 125 -Indirect materials (used in production) (iii)Machine hours, direct labour hours and wages for factory employees (iv)Other overhead incurred: Required: Depreciation (machineries) Depreciation (delivery vans) Machine hours Labour hours 2,400 2,320…

Please help me fill in the red.