Use the following information for questions 24-27. The following information pertains to XYZ Co. for September 2001. Overhead Direct Material Direct Labor $ 4,500 5,000 $ 3,200 Job #123 Job #125 Job...

Extracted text: Use the following information for questions 24-27. The following information pertains to XYZ Co. for September 2001. Overhead Direct Material Direct Labor $ 4,500 5,000 $ 3,200 Job #123 Job #125 Job #201 5,670 $ 5,550 XYZ Co. applies overhead for Job #123 at 140 percent of direct labor cost and at 150 percent of direct labor cost for Jobs # 125 and #201. The total cost of Jobs # 123 and # 125 is identical. 24. What amount of overhead is applied to Job # 123? a. $4,800 b. $5,550 $6,300 d. $7,500 25. What amount of overhead is applied to Job # 125? b. a. $8,325 $7,500 С. $7,000 d. $5,000 26. What is the amount of direct material for to Job # 125? b. a. $1,950 $1,500 с. $3,700 d. $7,500 27. Assume that Jobs #123 and #201 are incomplete at the end of September. What is the balance in Work in Process Inventory at that time? b. $18,920 $22,620 C. $28,920 d. $30,120 a.