a. Purchased direct materials and indirect materials with the following summary of receiving reports: HEIME Material...

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a. Purchased direct materials and indirect materials with the following summary of receiving reports: HEIME Material A Material B Indirect materials Total $ 24,000 16,000 7,000 $ 47,000 b. Issued direct materials and indirect materials with this summary of requisitions: Material A Material B Subtotal Indirect materials Total es Job X $9,600 4,600 $ 14,200 Job Y $ 19,200 9,600 $ 28,800 c. Factory labor incurred is summarized by these time tickets: Job X Job Y Indirect labor Total $ 25,200 16,600 32,000 $ 73,800 Total $ 28,800 14,200 $ 43,000 43,000 $ 86,000 d. Factory utilities, factory depreciation, and factory insurance incurred is summarized as follows: Utilities Depreciation Insurance Total $ 4,600 21,200 4,100 $ 29,900 e. Factory overhead costs were applied to jobs at the predetermined rate of $54.00 per machine hour. Job X incurred 1,100 machine hours; Job Y used 800 machine hours. f. Job X was completed; Job Y was still in process at the end of March.. The company closed the overapplied or underapplied overhead to the Cost of Goods Sold account at the end of March. Required: 1. Calculate the total manufacturing cost for Job X and Job Y for March. 2. Calculate the amount of overapplied or underapplied overhead and state whether the Cost of Goods Sold account will be increased a. Purchased direct materials and indirect materials with the following summary of receiving reports: HEIME Material A Material B Indirect materials Total $ 24,000 16,000 7,000 $ 47,000 b. Issued direct materials and indirect materials with this summary of requisitions: Material A Material B Subtotal Indirect materials Total es Job X $9,600 4,600 $ 14,200 Job Y $ 19,200 9,600 $ 28,800 c. Factory labor incurred is summarized by these time tickets: Job X Job Y Indirect labor Total $ 25,200 16,600 32,000 $ 73,800 Total $ 28,800 14,200 $ 43,000 43,000 $ 86,000 d. Factory utilities, factory depreciation, and factory insurance incurred is summarized as follows: Utilities Depreciation Insurance Total $ 4,600 21,200 4,100 $ 29,900 e. Factory overhead costs were applied to jobs at the predetermined rate of $54.00 per machine hour. Job X incurred 1,100 machine hours; Job Y used 800 machine hours. f. Job X was completed; Job Y was still in process at the end of March.. The company closed the overapplied or underapplied overhead to the Cost of Goods Sold account at the end of March. Required: 1. Calculate the total manufacturing cost for Job X and Job Y for March. 2. Calculate the amount of overapplied or underapplied overhead and state whether the Cost of Goods Sold account will be increased