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5 20 points Book Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as
5 20 points Book Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars At the beginning of the year. Yancey made the following estimates: Direct labor dollars to support all productions $ 3.000.000 $ 4.000.000 variable werhed cost per direct labedollar 5.0.1 Required: 1. Compute the predetermined overhead rate 2. During the year. Yancey produced a film titled You Can Say That Again that incurred the following costs Direct materials $1,259.000 Direct labor cost 52,400,000 Compute the total job out for this particular film Deferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the predetermined overhead rate (Wound your answer to 2 decimal places) (perols 5 ebook Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props Its direct tabor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year. Yancey made the following estimates: Direct labor-dollars to support all productions $ 3,000,000 Fixed overhead cost $ 4,000,000 Variable overhead cont per direct labor dollar $ 0.05 Required: 1 Compute the predetermined overhead rate. 2. During the year, Yancey produced a film titled You Can Say That Again that incurred the following costs Direct materials $ 1,259,000 Direct labor cost $ 2,400,000 Compute the total job cost for this particular film Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total job cost for this particular film. (Round your intermediate calculations to 2 decimal places) Direct materials Direct labor Overhead applied Totaljob cost 5
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