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Ashe Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Ashe Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Customizing Total Estimated total machine-hours (MHs) 1,000 4,000 5,000 Estimated total fixed manufacturing overhead cost $ 4,700 $ 9,200 $ 13,900 Estimated variable manufacturing overhead cost per machine-hour $ 1.10 $ 2.60 During the most recent month, the company started and completed two jobs--Job B and Job K. There were no beginning inventories. Data concerning those two jobs follow: Job B Job K Machining machine-hours 700 300 Customizing machine-hours 1,600 2,400 Assume that the company uses departmental predetermined overhead rates with machine-hours as the
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