Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 $16.50 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 61,700 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: ed Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? ? $ 1,922,000 Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost $ 287,900 405,900 233,700 $ 927,500 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Plantwide predetermined overhead rate per DLH Direct labor Manufacturing overhead applied Total job cost 405, 900 233,700 $ 927,500 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places. Direct materials Direct labor Manufacturing overhead applied Total job cost $ 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started