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Exercise 171a-b A job cost sheet of Fugate Company is given below Job Cost Sheet JOB N0. 172 FOR James Company Date 5/10 Quantity 1,500

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Exercise 171a-b A job cost sheet of Fugate Company is given below Job Cost Sheet JOB N0. 172 FOR James Company Date 5/10 Quantity 1,500 Date Completed 5/31 Direct Labor Manufacturing Overhead Direct Materials 1,330 1,120 12 550 480 15 825 720 24 27 31 1,000 1,870 670 1,005 Cost of completed job: Direct materials Direct labor Manufacturing Overhead Total cost Unit cost Answer the following questions. (a1) What is the predetermined manufacturing overhead rate? Predetermined overhead rate

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