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Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $18.00 per hour. During the year, the company started and completed only two jobsJob Alpha, which used 65,400 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below:
Job Alpha | |
---|---|
Direct materials | ? |
Direct labor | ? |
Manufacturing overhead applied | ? |
Total job cost | $ 2,302,000 |
Job Omega | |
---|---|
Direct materials | $ 410,600 |
Direct labor | 561,600 |
Manufacturing overhead applied | 343,200 |
Total job cost | $ 1,315,400 |
Required:
1. Calculate the plantwide predetermined overhead rate.
2. Complete the job cost sheet for Job Alpha.
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