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f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3510000. The a. Raw materials were purchased on accoun $690,000. b. Raw materials used ir production, $641,800 All of of the raw materials were used c direct materials. c. The following costs were accrued for employee services: direct labor, $530,000 indirect labor, \$150,00 selling and administrative salarie: $308,000. d. Incurred various sellir and administrative expenses (e.g., advertising, sales trav costs, and finished goods warehousing), $457,000. e. Incurred various manufacturing overh costs (e.g., depreciati, insurance, and utilitie: $430,000. f. Manufacturing overhe cost was applied to Required information [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses joborder costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct laborhours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: Bunneu Corporation is a manutacturer that uses job-order costing. Un january 1, the company 5 inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g, advertising, sales travel costs, and finishe goods warehousing), $457,000. e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities). $430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all.jobs during the year: g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year, h. Jobs were sold on account to customers during the year for a total of $3,510,000, The jobs cost $1,713,300 to manufacture according to their job cost sheets. View transaction list View journal entry worksheet \begin{tabular}{|c|c|c|c|c|} \hline No & Transaction & General Journal \\ \hline & 1 & a. & Raw materials \\ \hline & & \\ \hline \end{tabular} [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finishe goods warehousing), $457,000 e. Incurred various manufacturing overhead costs (e.g. depreciation, insurance, and utilities), $430.000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. 9. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1,713,300 to manufacture according to their job cost sheets. View transaction list View journal entry worksheet [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580.000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g, advertising, sales travel costs, and finished goods warehousing), $457,000 e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), $430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000direct labor-hours on all jobs during the year. g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000, The jobs cost $1,713,300 to manufacture according to their job cost sheets. 4. What is the total amount of manufacturing overhead applied to production during the year? Required information [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690.000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $457,000 e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), $430,000 f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. 9. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000, The jobs cost $1,713,300 to manufacture according to their job cost sheets. Journal entry worksheet Record the manufactured goods completed during this year. Note: Enter debits before credits. Required information The following information applies to the questions displayed below) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e,9, advertising, sales travel costs, and finishe goods warehousing). $457,000 e. Incurred various manufacturing overhead costs (e.g. depreciation, insurance, and utilities), $430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. 9. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1,713,300 to manufacture according to their job cost sheets; What is the total amount of actual manufacturing overhead cost incurred during the year? [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct laborhours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000; selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $457,000 e. Incurred various manufacturing overhead costs (e.g, depreciation, insurance, and utilities), $430,000. f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. g. Jobs costing $1,703,300 to manufacture according to their job cost sheets were completed during year h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1,713,300 to manufacture according to their job cost sheets. Is manufacturing overhead underapplied or overapplied for the year? By how much

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