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Exercise 2-7 (Algo) Job-Order Costing: Working Backwards [LO2-1, LO2-2, LO2-3) Hohn Company uses a job-order costing system Its plantwide predetermined overbead sote uses direct
Exercise 2-7 (Algo) Job-Order Costing: Working Backwards [LO2-1, LO2-2, LO2-3) Hohn Company uses a job-order costing system Its plantwide predetermined overbead sote uses direct labor hours as the allocation bose The company pays its direct laborers $13.50 per hour. During the yeer, 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 these two jobs are shown below Alpha Direct materials Direct labor anufacturing overhead applied Total job cost $1,722,000 Job Deage Direct materials $237,00 Direct labor 38,5a Manufacturing overhead applied 377,450 Total job cost $763,50 ce 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) Plattwide predetermined overhead rate per DUH Regurad Required 2> Check my work
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