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ezto.mheducation.com/ext/map/index.html?_con=con&ex... A Outlook Netflix Jube Fibe TV Blackboard signment #1 (... Saved D Help Save & Exit Sub- Case Construction Company, a three-year-old business, provides contracting and construction services to a variety of clients. Given th each construction job is different from the others, Susan Byrd, the company's accountant, decided to use a job-order costing system to allocate costs to the different jobs. She decided to use construction labour-hours as the basis for overhead allocation. In December 2021, she estimated the following amounts for the year 2022: Direct materials Construction labour Overhead Construction labour-hours $14,920,000 $ 9,500,000 $ 6,175,000 475,000 Byrd recorded the following for the second quarter of 2022 for the three jobs that the company started and completed during the quarter. Direct materials School $2,984,000 73,600 Residential $2,238,000 Construction labour-hours Required: 36,800 1. Compute the predetermined overhead allocation rate for 2022 and apply overhead to the three jobs. (Round your "Predetermined overhead allocation rate" to 2 decimal places.) Predetermined overhead allocation rate $ 13.00 per DLH Cos....pptx < Prev 6 of 7 Next > Assignment 3.docx Show All ezto.mheducation.com/ext/map/index.html?_con=con&ex... A Outlook Netflix Jube Fibe TV Blackboard signment #1 (... Saved D Help Save & Exit Sub- Case Construction Company, a three-year-old business, provides contracting and construction services to a variety of clients. Given th each construction job is different from the others, Susan Byrd, the company's accountant, decided to use a job-order costing system to allocate costs to the different jobs. She decided to use construction labour-hours as the basis for overhead allocation. In December 2021, she estimated the following amounts for the year 2022: Direct materials Construction labour Overhead Construction labour-hours $14,920,000 $ 9,500,000 $ 6,175,000 475,000 Byrd recorded the following for the second quarter of 2022 for the three jobs that the company started and completed during the quarter. Direct materials School $2,984,000 73,600 Residential $2,238,000 Construction labour-hours Required: 36,800 1. Compute the predetermined overhead allocation rate for 2022 and apply overhead to the three jobs. (Round your "Predetermined overhead allocation rate" to 2 decimal places.) Predetermined overhead allocation rate $ 13.00 per DLH Cos....pptx < Prev 6 of 7 Next > Assignment 3.docx Show All
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