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1. Compute Pierre Computer Company's predetermined overhead allocation rate for 2024. 2. Compute the total cost of each job. 3. Why does Pierre assign costs
1. Compute Pierre Computer Company's predetermined overhead allocation rate for 2024. 2. Compute the total cost of each job. 3. Why does Pierre assign costs to jobs? Data table Pierre Computer Company uses a job order costing system in which each batch manufactured is a different job. Pierre Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $24 per hour. It allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the berinning of 2024 , the controller prepared the following budget: (Click the icon to view the budget.) In November 2024. Pierre Computer Company worked on several jobs. Records for two jobs appear here: (Click the icon to view the records for the two jobs.) Read the requirements
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