PLEASE show all work and answer every question, that would be extremely helpful!!

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Problem 4

Job order costing Ladin company produces high quality microscopes for education and health care uses. The company uses a job oder costing system. Because the microscopes optics require significant manual labor to ensure adherence to strict manufacturing specifications, the company applies overhead on the basis of direct labor hours. At the beginning of 2021, the company estimated its manufacturing overhead would be $3,920,000 and that employees would work a total of 196,000 direct labor hours.

During March the company worked on the following five jobs

DM DL Dl Hours

JOB BB Added Added Added

134 $874,400 $16,000 $33,600 1,720

158 181,100 10,000 48,640 1,900

212 87,200 345,600 146,600 13,800

287 137,400 167,200 127,,400 8,800

301 75,960 87,380 5,600

TOTAL 1,280,100 614,760 443,620 31,820

Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in Feb, and job 301 was started in march. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March.

Actual Overhead for the month of March was $652,000

Required:

1. Calculate the predetermined overhead rate used by Aladin Company in 2021.
2. Calculate the total manufacturing cost for March.

3. Calculate the total cost for each of the five jobs as of March 31.

4. Calculate the cost of goods manufactured for March

5. Calculate the balance in work in Process Inventory Account as of March 31

6. Calculate the Cost of Goods Sold for March

7. Calculate the balance in the Finished Goods Inventory Account as of March 31. Assume there was no beginning Finished Goods Inventory.