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H11 A B C E F B H Er Endor's Garage only fixes Hyper-drives and cloaking devices. For 2024, Endor estimates the following: Styles Number

image text in transcribed H11 A B C E F B H Er Endor's Garage only fixes Hyper-drives and cloaking devices. For 2024, Endor estimates the following: Styles Number Alignment 8 18 fx s \begin{tabular}{l|l|l|} \hline number of Hyper-drive jobs & 3000 \\ \hline number of cloaking devices & 5500 \\ \hline hours of labor to fix hyper-drive & 3 hours \\ \hline hours to fix cloaking devices & 7 hours \\ \hline mechanics make $32 per hour & \\ \hline \end{tabular} \begin{tabular}{l|l} Estimated overhead cost for 2024 & $750,000 \end{tabular} Part 1: determine the overhead rate if Endor's Garage uses a) labor dollars as the cost driver b) labor hours as the cost driver dollars: labor: Part 2: On March 1st, Vadar Cab Company brought 2 vehicles for repairs Endor's Garage charged Vadar Cab Company $7100 for the job; how much profit did Endor's Garage make on the job? use labor hours as cost driver Part 3: For 2024, Endor's Garage repaired 2800 hyper-drives 5600 cloaking devices and incurred overhead of $782,500 a) using labor dollars as the cost driver how much is.overhead over or under applied? b) using labor hours as the cost driver how much is overhead over or under applied? c) make the journal entry connected with over/under applied overhead if Endor's Garage used labor dollars as the cost driver (any over or underapplied overhead is NOT material Introduction jobcost PROCESS ACTIVITY Accessibility: Good to go Type here to search

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