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At the beginning of a year, a company predicts total direct materials costs of $1.070,000 and total overhead costs of S1,190,000. If the company uses

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At the beginning of a year, a company predicts total direct materials costs of $1.070,000 and total overhead costs of S1,190,000. If the company uses direct materials costs as its activity base to allocate overhead, what is the predetermined overhead rate it should use during the year? Predetermined overhead rate 1 Chooso Donominator: Choose Numeratori Rate Rate 1 4 On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each Job (dress) at the rate of 42% of direct materials costs. During the month, the jobs used direct materials as shown below. Compute the amount of overhead applied to each of the three jobs. Job 1 Job 2 Job 3 Direct materials used $6,700 $8,700 $3,200 Overhead Applied Job 1 Job 2 Job 3 On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 51% of direct materials costs. During the month, the jobs used direct materials as shown below. Direct materials used Job 1 Job 2 Job 3 $6,000 $8,800 $3,300 During the month, the jobs used direct labor as shown below. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of March. Direct labor used Job 1 Job 2 Job 3 $10,400 $4,600 $3,600 1. Determine the amounts of direct materials, direct labor, and factory overhead applied that would be reported on job cost sheets for each of the three jobs for March JOB COST SHEET Job 1 Job 2 Job 3 Direct materials Direct labor Factory overhead Total

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