Dillman Company manufactures custom-built conveyor systems for factory and commercial operations.The cost accountant for Dillman Company is in the process of educating a new employee,Jerry Cole about the job-order costing system that Dillman Company uses.(The system is based on normal costs;overhead is applied based on direct labor cost and rounded to the next whole dollar. )The following job-order cost records are available for July:

Job No. Direct Materials Direct Labor Applied OH Total Cost

667 $ 5,901 $1,730 $ 1,990 $ 9,621

669 18,312 1,810 2,082 22,204

670 406 500 575 1,481

671 51,405 9,500 10,925 71,830

672 9,615 550 633 10,798

To explain the missing job number,the cost accountant informed Jerry that Job #668 had been completed in June.The accountant also told Jerry that Job #667 was the only job in process at the beginning of July.At that time,the job had been assigned $4,300 for direct material and $900 for direct labor.At the end of July,Job #671 had not been completed;all other jobs were complete.The cost accountant asked Jerry several questions to determine whether he understood the job-order costing system. Required:Help Jerry answer the following questions: a. $\text { What is the predetermined overhead rate used by Dilman Company? }$ b. $\text { What was the total cost of beginning Work in Processinventory ? }$ c. $\text { What was total prime cost incurred for the month of July? }$ d. $\text { What was cost of goods manufactured for July? }$

Question

Dillman Company manufactures custom-built conveyor systems for factory and commercial operations.The cost accountant for Dillman Company is in the process of educating a new employee,Jerry Cole about the job-order costing system that Dillman Company uses.(The system is based on normal costs;overhead is applied based on direct labor cost and rounded to the next whole dollar. )The following job-order cost records are available for July:

Job No.	Direct Materials	Direct Labor	Applied OH	Total Cost
667	$ 5,901	$1,730	$ 1,990	$ 9,621
669	18,312	1,810	2,082	22,204
670	406	500	575	1,481
671	51,405	9,500	10,925	71,830
672	9,615	550	633	10,798

To explain the missing job number,the cost accountant informed Jerry that Job #668 had been completed in June.The accountant also told Jerry that Job #667 was the only job in process at the beginning of July.At that time,the job had been assigned $4,300 for direct material and $900 for direct labor.At the end of July,Job #671 had not been completed;all other jobs were complete.The cost accountant asked Jerry several questions to determine whether he understood the job-order costing system. Required:Help Jerry answer the following questions: a. $\text { What is the predetermined overhead rate used by Dilman Company? }$ b. $\text { What was the total cost of beginning Work in Processinventory ? }$ c. $\text { What was total prime cost incurred for the month of July? }$ d. $\text { What was cost of goods manufactured for July? }$

Quizplus · Accepted Answer

The Answer of Dillman Company manufactures custom-built conveyor systems for factory and commercial operations.The cost accountant for Dillman Company is in the process of educating a new employee,Jerry Cole about the job-order costing system that Dillman Company uses.(The system is based on normal costs;overhead is applied based on direct labor cost and rounded to the next whole dollar. )The following job-order cost records are available for July:

Job No.	Direct Materials	Direct Labor	Applied OH	Total Cost
667	$ 5,901	$1,730	$ 1,990	$ 9,621
669	18,312	1,810	2,082	22,204
670	406	500	575	1,481
671	51,405	9,500	10,925	71,830
672	9,615	550	633	10,798

To explain the missing job number,the cost accountant informed Jerry that Job #668 had been completed in June.The accountant also told Jerry that Job #667 was the only job in process at the beginning of July.At that time,the job had been assigned $4,300 for direct material and $900 for direct labor.At the end of July,Job #671 had not been completed;all other jobs were complete.The cost accountant asked Jerry several questions to determine whether he understood the job-order costing system. Required:Help Jerry answer the following questions: a. $\text { What is the predetermined overhead rate used by Dilman Company? }$ b. $\text { What was the total cost of beginning Work in Processinventory ? }$ c. $\text { What was total prime cost incurred for the month of July? }$ d. $\text { What was cost of goods manufactured for July? }$

Dillman Company Manufactures Custom-Built Conveyor Systems for Factory and Commercial What is the predetermined overhead rate used by Dilman Company? \text { What is the predetermined overhead rate used by Dilman Company? } What is the predetermined overhead rate used by Dilman Company?

Dillman Company Manufactures Custom-Built Conveyor Systems for Factory and Commercial $\text { What is the predetermined overhead rate used by Dilman Company? }$