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Do I! Review 15-3 Washburn Company produces earbuds. During the year, manufacturing overhead costs are expected to be $243,000. Expected machine usage is 2,500 hours.
Do I! Review 15-3 Washburn Company produces earbuds. During the year, manufacturing overhead costs are expected to be $243,000. Expected machine usage is 2,500 hours. The company assigns overhead based on machine hours. Job No. 551 used 90 machine hours. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 5.25. Datermine the amount of overhead to allacate to Job No. 551. (Round answer o O decimal places, eg. 5,275.) Overhead assigned Prepare the entry to assign overhead to lob No. 551 on January 15. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answer to 0 decimal place, e.g. 55.) Date Account Titles and Explanation Debit Credit an. 15 To assign overhead to jobs)
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