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Antoine Machining estimated its manufacturing overhead to be $282,720 and its direct materials costs to...

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Accounting

Antoine Machining estimated its manufacturing overhead to be $282,720 and its direct materials costs to be $456,000 in Year 1. Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $15,900 for Job AM002, $58,300 for Job AM005, and $74,200 for Job AM008. For Year 1, actual manufacturing overhead was $313,600 and total direct materials cost was $570,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates.
Overhead applied in each of the inventory accounts is as follows:
\table[[Work-in-process inventory,$21,204
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