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Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during
Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during JulyJob Y and Job Z The company uses a plantwide predetermined overhead rate based on direct laborhours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z:
Estimated total fixed manufacturing overhead $
Estimated variable manufacturing overhead per direct laborhour $
Estimated total direct labor hours to be worked
Total actual manufacturing overhead costs incurred $
Job Y Job Z
Direct materials $ $
Direct labor cost $ $
Actual direct labor hours worked
How much manufacturing overhead was applied to Job Y
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