I just need the answer for question 4 What is the total amount of manufacturing overhead applied to production during the year? Transcribed Image Text:

I just need the answer for question 4 What is the total amount of manufacturing overhead applied to production during the year? Transcribed Image Text: !
Requlred Informatlon
The Foundational 15 (Algo) [LO3-1, LO3-2, LO3-3, LO3-4]
[The following information applies to the questions displayed below.]
Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were
as follows:
$ 66,000
$ 33,600
$ 38,400
Raw materials
Work in process
Finished goods
The company applies overhead cost to Jobs on the basis of direct labor-hours. For the current year, the company’s
predetermined overhead rate of $13.50 per direct labor-hour was based on a cost formula that estimated $540,o00 of
total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were
recorded for the year:
a. Raw materials were purchased on account, $684,000.
b. Raw materials used in production, $646,400. AlIl of of the raw materials were used as direct materials.
C. The following costs were accrued for employee services: direct labor, $490,000; Iindirect labor, $150,000; selling and
administrative salaries, $319,000.
d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods
warehousing), $423,000.
e. Incurred various manufacturing overhead costs (e.g., depreciation, Insurance, and utilities), $390,000.
f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all
jobs during the year.
g. Jobs costing $1,623,300 to manufacture according to their job cost sheets were completed during the year.
h. Jobs were sold on account to customers during the year for a total of $3,547,500. The jobs cost $1,633,300 to
manufacture according to their job cost sheets.
Foundational 3-4 (Algo)
4. What is the total amount of manufacturing overhead applied to production during the year?
Manufacturing overhead applied
1,676,400

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