see attached document for the 2 accounting problems Document Preview: P20-4A Hsung Manufacturing Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department E, direct labor hours in Department G, and machine hours in Department I. In establishing the predetermined overhead rates for 2012, the following estimates were made for the year. Department E G I Manufacturing overhead $1,050,000 $1,500,000 $840,000 Direct labor costs $1,500,000 $1,250,000 $450,000 Direct labor hours 100,000 125,000 40,000 Machine hours 400,000 500,000 120,000 During January, the job cost sheets showed the following costs and production data. Department E G I Direct materials used $140,000 $126,000 $78,000 Direct labor costs $120,000 $110,000 $37,500 Manufacturing overhead incurred $89,000 $124,000 $74,000 Direct labor hours 8,000 11,000 3,500 Machine hours 34,000 45,000 10,400 Instructions Compute the predetermined overhead rate for each department. Compute the total manufacturing costs assigned to jobs in January in each department. Compute the under-or overapplied overhead for each department at January 31. P21-2A Chakos Industries Inc. manufactures in separate processes furniture for homes. IN each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Cutting Department Plant 1 Plant 2 Production Data-July T12-Tables C10-Chairs Work in process units, July 1 -0- -0- Units started into production 20,000 16,000 Work in process units, July 31 3,000 500 Work in process percent complete 60 80 Cost Data-July Work in process, July 1 $ -0- $ -0- Materials 380,000 288,000 Labor 234,400 125,900 Overhead 104,000 96,700 Total $718,400 $510,600 Instructions For each plant: Compare the physical units of Attachments: acct-homework.docx