Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chapter 2 Homework i Saved He 8 Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation

image text in transcribed

image text in transcribed

image text in transcribed

Chapter 2 Homework i Saved He 8 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 $13.50 per hour. During the year, the company started and completed only two jobs Job Alpha, which used 68,700 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 18 points ? $ 1,722,000 eBook Hint Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost Print $ 237,050 368,550 177,45 $ 783,050 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 1 Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Plantwide predetermined overhead rate per DLH Moyt Homework a Saved Dase. The company pays its direct laborers $13.50 per noui. During the year, the company starteu anu completeu omy Iwo JODS-JOU Alpha, which used 68,700 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 ? $ 1,722,000 Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost $ 237,050 368,550 177,450 $ 783,050 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 1 Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) per DLH Plantwide predetermined overhead rate 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 1 Required 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 e to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Surviving A HIPAA Audit Learning The Art Of Compliance

Authors: Dave Sweigert

1st Edition

1507617453, 978-1507617458

More Books

Students also viewed these Accounting questions