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Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the alloca 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 alloca base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs- Alpha, which used 65,100 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 Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost P ? ? $ 1,632,000 $ 195,400 326,400 136,000 $ 657,800 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha.
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