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1 . Henkes Corporation bases its predetermined overhead rate on the estimated labour - hours for the upcoming year. At the beginning of the most

1. Henkes Corporation bases its predetermined overhead rate on the estimated labour-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labour-hours for the upcoming year at 75,000 labour-hours. The estimated variable manufacturing overhead was $7.10 per labour-hour and the estimated total fixed manufacturing overhead was $1,372,500. The actual labour-hours for the year turned out to be 77,000 labour-hours.
Required:
Compute the company\'s predetermined overhead rate for the recently completed year. (Round your answer to 2 decimal places.)
2. Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labour-hours. The company based its predetermined overhead rate for the current year on 73,000 direct labour-hours, total fixed manufacturing overhead cost of $109,500, and a variable manufacturing overhead rate of $4.50 per direct labour-hour. Recently Job X387 was completed and required 240 direct labour-hours.
Required:
Calculate the amount of overhead applied to Job X387.(Do not round intermediate calculations.)

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