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Also need to find the predetermined overhead rate per MH Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a

Also need to find the predetermined overhead rate per MH

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Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 175,000 Fixed manufacturing overhead cost $ 2, 450,060 Variable manufacturing overhead cost per machine-hour $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $2,600. The following information was available w respect to this job: Direct materials $ 1, 196 Direct labor cost $ 858 Machine-hours used 74 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total manufacturing cost assigned to Job P90. Direct materials Direct labor Overhead applied Total manufacturing cost

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