Q1. Kuzuck Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:

Units in beginning work in process inventory

1,050 

Materials costs

$8,400 

Conversion costs

$6,800 

Percent complete with respect to materials

65% 

Percent complete with respect to conversion

30% 

Units started into production during the month

16,200 

Units transferred to the next department during the month

15,300 

Materials costs added during the month

$151,359 

Conversion costs added during the month

$250,516 

Ending work in process inventory:

Units in ending work in process inventory

1,950 

Percent complete with respect to materials

60% 

Percent complete with respect to conversion

20% 

Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to?

Q2. Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $88,480 and 2,800 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $90,480 and actual direct labor-hours were 2,700.

The overhead for the year was?