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1,Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000

1,Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $94,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours.

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Compute the company's plantwide predetermined overhead rate for the year.(Round your answer to 2 decimal places.)

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Machine-hours required to support estimated production 165,000 Fixed manufacturing overhead cost $ 1, 980,000 Variable manufacturing overhead cost per machine-hour S 2.00\fComplete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide predetermined overhead rate. Predetermined overhead rate per MHComplete this question by entering your answers In the tab: below. During the year! Job P9!) was started, completed and sold to the customer for $2,500. Compute the total manufacturing oust asslgned to Job P90. Direct materials Direct labor Overhead applied Total manufacturing cost

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