Haughton Company uses a job costing system for its production costs and a predetermined factory overhead rate based on direct labor costs to apply factory overhead to all jobs. During the month of July, the firm processed three jobs: X13, X14, and X15, of which X13 was started in June

As of July 31, Job X13 was sold and Jobs X14 and X15 were still in processing.
Total factory overhead applied in July was $900,600.
Required
1. Compute the predetermined factory overhead rate.
2. Compute the amount of materials inventory at the end of July.
3. Compute the actual factory overhead cost incurred during the month of July.
4. Compute the ending balance of the work-in-process inventory account for July.
5. Prepare the statement cost of goods manufactured for July.
6. Compute the amount of over- or under-applied overhead.
7. What is the cost per unit of Job X13 if it has a total of 100 units?
8. Prepare the statement of cost of goods sold for July.

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July 1 $36,500 Inventories July 31 Direct materials Work in process Finished goods 41,000 Cost of Goods Sold, July Direct materials purchased in July S ? 55,000 Issued to production: X13 X14 X15 16,380 24,220 14,000 Factory labor hours used (S30/hour) X13 X14 X15 Indirect labor 3,500 2,800 1,600 6,900 Other factory overhead costs incurred Rent Utility Repairs and maintenance Depreciation Other $131,500 180,600 188,500 131,100 56,000