Use the following information for the questions.
Adams Manufacturing has three jobs in process in October of the current year, B2-19, C3-19, and D4-4. All thr were begun during the first week of October. Job C3-19 was completed on October 10 with total labor costs of
$14,750 and total material costs of $8,855 (details of the individual direct material and direct labor costs charged to job C3-19 are given on the Job Order Cost Sheet provided). No other jobs were completed in October. The total balance in Job D4-4 is $8,250 ($4,275 in materials and $3,975 in labor) and in Job B2-19 is
$17,850 ($10,425 in materials and $7,425 in labor) before overhead is applied. Overhead is applied based on total direct labor dollars. Estimated total direct labor dollars for the year is $440,000 and total estimated manufacturing overhead is $352,000.
-Based on the information given:
1. Determine the overhead rate for Adams Manufacturing;
2. Prepare the journal entry to apply manufacturing overhead to manufacturing process for the month of October;
3. Determine the balance in the Work in Process account at the end of October.

Question

Use the following information for the questions.
Adams Manufacturing has three jobs in process in October of the current year, B2-19, C3-19, and D4-4. All thr were begun during the first week of October.  Job C3-19 was completed on October 10 with total labor costs of
$14,750 and total material costs of $8,855 (details of the individual direct material and direct labor costs charged to job C3-19 are given on the Job Order Cost Sheet provided). No other jobs were completed in October.  The total balance in Job D4-4 is $8,250 ($4,275 in materials and $3,975 in labor) and in Job B2-19 is
$17,850 ($10,425 in materials and $7,425 in labor) before overhead is applied. Overhead is applied based on total direct labor dollars. Estimated total direct labor dollars for the year is $440,000 and total estimated manufacturing overhead is $352,000.
-Based on the information given:
1. Determine the overhead rate for Adams Manufacturing;
2. Prepare the journal entry to apply manufacturing overhead to manufacturing process for the month of October;
3. Determine the balance in the Work in Process account at the end of October.

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The Answer of Use the following information for the questions.
Adams Manufacturing has three jobs in process in October of the current year, B2-19, C3-19, and D4-4. All thr were begun during the first week of October.  Job C3-19 was completed on October 10 with total labor costs of
$14,750 and total material costs of $8,855 (details of the individual direct material and direct labor costs charged to job C3-19 are given on the Job Order Cost Sheet provided). No other jobs were completed in October.  The total balance in Job D4-4 is $8,250 ($4,275 in materials and $3,975 in labor) and in Job B2-19 is
$17,850 ($10,425 in materials and $7,425 in labor) before overhead is applied. Overhead is applied based on total direct labor dollars. Estimated total direct labor dollars for the year is $440,000 and total estimated manufacturing overhead is $352,000.
-Based on the information given:
1. Determine the overhead rate for Adams Manufacturing;
2. Prepare the journal entry to apply manufacturing overhead to manufacturing process for the month of October;
3. Determine the balance in the Work in Process account at the end of October.

Use the Following Information for the Questions