Problem 15-2B Computing and recording job costs; preparing schedule of cost of goods manufactured P1 P2 P3 P4 Perez Company shows the following costs for three jobs worked on in September. Additional information Job 114 Job 115 Job 116 Balances on August 31 Direct materials used (in August)... Direct labor used (in August).. $ 14,000 18,000 9,000 Overhead applied (August) Costs during September Direct materials used. Direct labor used. Overhead applied... Status on September 30 a. Raw Materials Inventory has an August 31 balance of $150,000. $ 18,000 16,000 8,000 100,000 30,000 ? 170,000 68,000 $ 80,000 120,000 ? Finished (sold) Finished (unsold) In process b. Raw materials purchases in September are $400,000, and total factory payroll cost in September is $232,000. c. Actual overhead costs incurred in September are indirect materials, $30,000; indirect labor, $14,000; factory rent, $20,000; factory utilities, $12,000; and factory equipment depreciation, $30,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 114 is sold for $380,000 cash in September. Required 1. Determine the amount of overhead applied to each job in September. 2. Determine the total cost assigned to each job as of September 30 (including the balances from August 31).