3 part question
Required: 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wikes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was avallable with respect to his job: Compute Mr. Wilikes' total job cost. 3. If Speedy establishes its selling prices using a markup percentage of 50% of is total job cost, then how much would it have charged Me. Wilkes? Complete the question by entering your answers in the tabs given below. Compute Mr. Wilkes' total job cost. (Round your intermediato calculations to 2 decimal places.) Required: 1. Compute the predetermined overhead rate: 2. During the year, Mr, Wilkes beought in his vehicle to replace his brakes, spark plugs, and tires. The following information was avallable with respect to his job: Compute Mc. Wikes' total job cost. 3. If Speedy estabilishes its seling prices using a markup percentage of 50% of its total job cost, then how much would it have chargec Mr. Wilkes? Complete the question by entering your answers in the tabs given below. If Speedy establishes its seling pnces using a markup percentage of sow of its total job cost, then haw much would is have charged Me Wakes? (Round your incermed ate calculations to 2 dedmat places.) Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. Speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room: The company applies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimates: Required: 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was avallable with respect to his job: Compute Mr. Wilkes' total job cost. 3. If Speedy establishes its selling prices using a markup percentage of 50% of its total job cost, then how much would it have charged Mr. Wikes? Complete the question by entering your answers in the tabs given below. Compute the predetermined overtiead rate. (Round your answer to 2 decimal places.)