Gitano Products operates a job-order costing system & applies OH cost to jobs on the basis of DM used in production (not DM purchased). Estimates: MOH cost=$800000, DM used in production= $500000. Actual: Raw Materials, Begining= $20000; End $80,000 Work in Process, Beg=$150000; End=$70000. Finished Goods, Beg=$260,000; End=$400,000. Purchase of raw materials (all direct)=$510000. DL cost=$90,000. Indirect labor=$170000. Property Taxes=$48000. Depreciation of equipment=$260000. Maintenance=$95000. Insurance=$7000. Rent, bldg=$180000.


Questions:1.a. Compute the predetermined OH rate for the year. b. Compute the amount of under- or overapplied OH for the year.

2.Prepare a schedule of COGM for the year.

3. Compute the COGS for the year (not including any under0 or overapplied OH)

this is due tomorrow 9/23 before 4 please any help you can provide me with will be greatly appreaciated.

There's also a spreadsheet attached with this hw if you're willing to help please email me so I can send you it as an attachment.

thanks!

We generally don't go around emailing at this place. You can upload files to your post under the advanced option.

However, can we please keep this all under one thread so it doesn't confuse everyone:
https://www.askmehelpdesk.com/financ...ed-398596.html