The Chompy company uses a job order costing system and has the following information for the month of March 2010:

Direct labor and direct materials used:

Job No. Direct Material Cost Direct Labor Hours
1887 18,000 1,392
1906 11,520 192
1907 4,980 216
1908 4,140 504
1909 7,824 288
1911 3,696 120
1912 10,020 360
Total 60,180 3,072

1. The direct labor wage rate is $10 per hour. (Reflects latest negotiated union labor contract agreement)
2. The direct labor benefit factor is $8 per hour. (Include in D/L total costs per accounting manual directive)
3. The overhead rate is 250% of direct labor cost
4. Actual overhead costs for the month, $115,960.
5. Jobs completed: Nos. 1887, 1908, and 1909.
6. Jobs completed last week of March: 1899, 1901, 1902, 1904, 1905
7. Jobs 1900 and 1903 were cancelled due to change orders and reinstated as 1911 & 1912
8. The factory had no work in process at the beginning of the month.
Required: Using the templates provided
a. Prepare a summary that will show the cost assigned to each job.
b. Compute the amount of overhead over- or underapplied during the month.
c. Calculate the cost of the work in process at the end of the month.