Question: please answer the required 1-5 Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used

please answer the required 1-5
please answer the required 1-5 Gitano Products operates a job-order costing system
and applies overhead cost to jobs on the basis of direct materials
used in production (not on the basis of raw materials purchased). Its
predetermined overhead rate was based on a cost formula that estimatec $136,500
of manufacturing overhead for an estimated allocation base of $91,000 direct material
dollars to be used in production. The company has provided the following

Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased). Its predetermined overhead rate was based on a cost formula that estimatec $136,500 of manufacturing overhead for an estimated allocation base of $91,000 direct material dollars to be used in production. The company has provided the following data for the just completed year: Required: 1. Compute the predetermined overhead rate for the year, 2. Compute the amount of underapplied or overapplied overhead for the year, 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplled or overapplied overhead in your answer. 5. Assume that the $39,000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supply the information missing below: Complete this question by entering your answers in the tabs below. Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materlais are used in production as direct ma 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplled or overapplled overhead in your ar 5. Assume that the $39,000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supp information missing below: Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate for the year. Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year, Assume all raw materials are used in production as direct materials. 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 5. Assume that the $39,000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supply the information missing below: Complete this question by entering your answers in the tabs below. Compute the amount of underapplied or overapplied overhead for the year. intormation missing below: Complete this question by entering your answers In the tabs below. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct ma 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your a 5. Assume that the $39,000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supp information missing below: Complete this question by entering your answers in the tabs below. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer. 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct mate 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your ans 5. Assume that the $39.000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supply information missing below: Complete this question by entering your answers in the tabs below. Assume that the $39,000 ending balance in Work in Process includes $8,400 of direct materials. Given this assumption, supply the information missing below

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