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Exercise 4-12 (Part Level Submission) Coronado Company manufactures a line of lightweight running shoes. CEO Mark Coronado estimated that the company would incur $3,624,000 in
Exercise 4-12 (Part Level Submission) Coronado Company manufactures a line of lightweight running shoes. CEO Mark Coronado estimated that the company would incur $3,624,000 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 240,000 direct labor hours and 630,261 machine hours. Your answer is correct. Assume that Coronado Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) company's predetermined overhead rate 100 Attempts: 1 of 15 used Your answer is correct. Assume that job 4375 required 210 direct labor hours to complete. How much manufacturing overhead should be applied to the job? (Round answer to o decimal places, e.g- 5,275.) Manufacturing overhead applied 17 Attempts: 1 of 15 used Your answer is correct. Assume that Coronado Company uses machine hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) company's predetermined overhead rate MH Attempts: 1 of 15 used Assume that job 4375 required 720 machine hours to complete. How much manufacturing overhead should be applied to the job? (Round answer to 0 decimal places, e.g. 5,275.) Manufacturing overhead applied Attempts: 0 of 15 used
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