1. For this numeric question, 4 points.

Problem 3. Sunshine Manufacturing Company uses a job order cost system in its two producing departments, Assembly and Finishing. The company projected the following Two jobs are in process at the beginning of the year and three more were started during above. for the Direct labor hours Machine hours Manufacturing OH Assembly 80,000 25,000 P960.000 Finishing 28,000 75,000 P600,000 6months period ended June Sunshine Company applies overhead in the Assembly department based on direct labor hours and based on machine hours in the Finishing department. Below is the summary of cost incurred for each job and their status at the end of June. Direct labor cost is P5,50 per hour Job Delta Job Echo Job Job Alpha Beta P35,000 P50,000 Job Charlie Bal. 1/1 4,000 3,200 P25,000 Assembly Department: DL hrs 8,000 14,000 9,000 6,000 Mach hrs 1,500 2,500 3,000 2,800 Materials P25,000 P30,000 P40,000 P50,000 Finishing Department: DL Hrs 1.800 2.000 3,500 3,200 Mach hrs 6.500 11,000 10,000 7,500 Materials P12,000 P25,000 P30,000 P2,000 Job Sold Sold Sold Completed Status & on hand 2,800 3,000 P5,000 incomplete Required: Determine the following: 1) Predetermined OH rate 2) Amount of overhead applied to each job 3) Total manufacturing costs per job 4) Gross profit per job assuming a markup on cost of 40%