Laguna Manufacturing Corporation uses the job order cost system of accounting. Shown below Is a list of the jobs completed during the month of December showing the actual charges for materials, labor...

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Extracted text: Laguna Manufacturing Corporation uses the job order cost system of accounting. Shown below Is a list of the jobs completed during the month of December showing the actual charges for materials, labor and factory overhead costs. T自ETT Job Order Materials Labor Other Units Direct Indirect Indirect Production Costs Completed Direct 111 8,000.00 3,000.00 3,800.00 160.00 4,000.00 1,880.00 5,000.00 2,400.00 800.00 10 121 60.00 370.00 10 131 85.00 2,000.00 2,520.00 3,550.00 400.00 10 141 5,200.00 110.00 2,800.00 560.00 10 Required: 1. Assuming that factory overhead is applied on the basis of direct labor costs and that the predetermined rate is 150%, determine the following: The amount of overhead to be added to the cost of each job completed. b. The total cost of each job completed during the month. c. The total cost of producing all the jobs finished during the month. d. Unit cost of jobs completed. e. Is the factory overhead over-applied or under-applied? By how much? a.