Question
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 $13.50 per hour. During the year, the company started and completed only two jobsJob Alpha, which used 68,700 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 | $ | 1,722,000 |
Job Omega | ||
Direct materials | $ | 237,050 |
Direct labor | 368,550 | |
Manufacturing overhead applied | 177,450 | |
Total job cost | $ | 783,050 |
Required:
1. Calculate the plantwide predetermined overhead rate.
Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)
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2. Complete the job cost sheet for Job Alpha.
Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places.)
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