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Wanting to know answer/ process for A, B, and C. Thanks! Paige Enterprises...

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Accounting

Wanting to know answer/ process for A, B, and C. Thanks!

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Paige Enterprises uses a normal job order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2022, Paige estimated the overhead for the year would be $1,500,000 and that production would use 150,000 machine hours. The following information relates to the month of August, when two jobs were worked on: View the information. Read the requirements. X Information Requirement a. If actual overhead in August was $38,000, what was overhead allocated? Job 125 Job 126 $ 12,000 $ 9,000 Overhead allocated was 125000 Work in process, August 1 Direct materials cost $ 17,000 $ 18,000 Requirement b. Assume Job 125 was completed. What was the cost of Job 125? Direct labor costs $ 23,000 $ 35,000 The cost of Job 125 is 23000 Direct labor hours 2,300 3,400 1,700 1,900 Requirement c. If Job 126 was both finished and sold, what was the cost of Job 126 that was transferred to cost of goods sold? Machine hours The cost of Job 126 is 35000 Print Done

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