A Compute the predetermined overhead rate combined fixed and variable to be used to apply overhead to individual jobs during the year. Predetermined overhead rate: of direct materials
B Compute the total cost of Job WM when it is finished.
The total cost of Job WM
C How much of factory overhead cost was applied to Job WM during May? Factory overhead cost of Job WM
D What total amount of overhead was applied to jobs during May?
Total amount of overhead
E Compute actual factory overhead incurred during May.
Actual factory overhead incurred
F Assuming that the underapplied overhead is not material, show the new account balances in the following table.
Underapplied overhead
Workinprocess inventory
Finished goods inventory
Cost of goods sold
