Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi please provide answers and explanations! The first picture is its own questions and the second picture includes all the information and the pictures (picture

Hi please provide answers and explanations! The first picture is its own questions and the second picture includes all the information and the pictures (picture 3 and 4) following are the answers. Thank you

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
HW i Saved Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 205, 000 Fixed manufacturing overhead cost $ 3, 075, 000 59:40 Variable manufacturing overhead cost per machine-hour 2.00 ed Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $3,300. The following information was available respect to this job: ices Direct materials $ 1, 518 Direct labor cost $ 1, 089 Machine-hours used 80 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide predetermined overhead rate. CH 3 HW Saved Help Save & 4 estimates: Machine-hours required to support estimated production 205, 000 Fixed manufacturing overhead cost $ 3, 075, 000 3 Variable manufacturing overhead cost per machine-hour S 2.00 points 01:59:23 Required: 1. Compute the plantwide predetermined overhead rate. Skipped 2. During the year, Job P90 was started, completed, and sold to the customer for $3,300. The following information was available with respect to this job: eBook Direct materials $ 1, 518 Direct labor cost $ 1, 089 Hint Machine-hours used 80 References Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide predetermined overhead rate. Predetermined overhead rate per MH raw location 31,760 FEB 14 W_browser=0&launchUrl=https%253A%252F%252fIms.mheducation.com%252Fmghmiddleware%252Fmhep... Saved Help Save & Exit Su Check my v Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $3,300. The following information was available with respect to this job: Direct materials $ 1, 518 Direct labor cost $ 1, 089 Machine-hours used 80 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 During the year, Job P90 was started, completed and sold to the customer for $3,300. Compute the total manufacturing cost assigned to Job P90. Direct materials Direct labor Overhead applied Total manufacturing cost $ 0 31,760 FEB W X 14C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com%252Fmghmiddleware CH 3 HW Saved Help 3 Newhard Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 313 includes $25,235 in direct materials cost and $10,500 in direct labor cost. A total of 1,400 units were produced in Job 313. 2 Required: points a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? 01:48:18 Skipped a. Total manufacturing cost b. Unit product cost eBook Hint References Mc Graw Hill Education 31,760 FEB W 14

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics Foundations of Business Analysis and Strategy

Authors: Christopher Thomas, S. Charles Maurice

11th edition

978-0078021718

Students also viewed these Accounting questions

Question

Is this really true, or am I just taking it for granted?

Answered: 1 week ago