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Hahn Company uses a joborder costing system. Its plantwide predetermined overhead rate uses direct laborhours as the allocation base. The company pays its direct laborers
Hahn Company uses a joborder costing system. Its plantwide predetermined overhead rate uses direct laborhours as the allocation base. The company pays its direct laborers $15 per hour. During the year. the company started and completed only two jobsJob Alpha. which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials '? Direct labor ? Manufacturing overhead applied ? Total job cost $1,533,500 Direct materials $235,000 Direct labor 345,000 Manufacturing overhead applied 184,000 Total job cost $ 764,000 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. 2.8 EXERCISE 24; Applying Overhead Cost; Computing Unit Product Cost! L022, L023 Newhard Company assigns overhead cost tojobs on the basis of 125% of direct labor cost. The job cost sheet for Job 31.1 includes $10,000 in direct materials cost and 512000 in direct labor cost. A total of 1,000 units were produced in Job 313. Required: What is the total inanuieturing cost assigned to Job 313? What is the unit product cost for Job 313
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