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ZYX Co, has a job-order cost system. For the month of April, the following debits...

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Accounting

ZYX Co, has a job-order cost system. For the month of April, the following debits (credits) appeared in the general ledger account.

Based on direct labor cost, ZYX applies overhead to production at a predetermined rate of 125 %

Job No. 100, the only job still in process at the end of January, has been charged with factory overhead of 5000

1 -Jan 31 -Jan
Direct materials 77,000 40,000
Work in process 66,000 42,000
Finished Goods 115,000 100,000

Other information

Direct materials purchases

 324,000

Cost of goods available for sale

 950,000

Actual Factory overhead costs

 260,000

Required:

What is the amount of underapplied or overapplied overhead and what is the amount of direct materials charged to Job No. 100 was?

(Please show your work in order to understand it and being able to reproduce it on my own)

Thanks.

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