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Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $503,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $684,793 and its actual total direct labor was 38,500 hours Required Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site, and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 82,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $866,250 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $883,550 and its actual total direct labor was 90,450 hours. Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Direct materials Direct labor cost Direct labor hours worked $ 38,850 $ 28,800 330 Compute the total job cost for the Xavier Company engagement. Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Required1 Required 2> Compute the total job cost for the Xavier Company engagement Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the total job cost for the Xavier Company engagement. (Round your intermediate calclations to.2 decimal places:) Direct materials Direct labor Overhead applied Total manufacturing cost Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $14.00 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 57,600 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $ 1,638,000 Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost $ 218,300 331,800 165,900 s 716,000 Required 1. Calculate the plantwide predetermined overhead rate 2. Complete the job cost sheet for Job Alpha Required 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Required 1Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Plantwide predetermined overhead rate per DLH Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 1Required 2 Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places.) Direct materials Direct labor Manufacturing overhead applied Total job cost Required 1 Required 2 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 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 190,000 $ 3,420,000 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 $3,000. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $1,380 $ 990 Compute the total manufacturing cost assigned to Job P90. Compute the total manufacturing cost assigned to Job P90 Complete this question by entering your answers in the tabs below. Required 1 Compute the plantwide predetermined overhead rate Predetermined overhead rate Required 2 per MH Required 1 Required 2 Compute the total manufacturing cost assigned to Job P90 Complete this question by entering your answers in the tabs below. Required 1 Required 2 During the year, Job P90 was started, completed and sold to the customer for $2,500. Compute the total manufacturing cost assigned to Job P90... Direct materials Direct labor Overhead applied Total manufacturing cost Required 1 Required 2
