Question: i only need answer 2 and 3 for work in progress on 2 and direct materials cost for 3 Jobs finished during August are summarized
Jobs finished during August are summarized here: Required: At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $23,700. 1. Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August 2. Determine the balance in Work in Process at the end of August. 3. Defermine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31
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