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I just need to make sure that what I did was correct. Kennedy Products operates a job order system and applies overhead based on direct
I just need to make sure that what I did was correct.
Kennedy Products operates a job order system and applies overhead based on direct materiaf used in production (not on the basis of raw materials purchased!). Its predetermined overhead rate was based on a cost formula that estimated $800,000 of overhead and a base of $500,000 direct material dollars to be used in production. 41: What is the predetermined overhead rate for this year? H2: Is overhead over or under applled? By how much? H3: fill in the taccounts above calculate CoGM; calculate unadjusted cc \#4. Cost of Job 215 if we mark it up 25% -apply OH using POOH -add up all three costs 25% of total cost -total cost plus mark up S) Fill in table for ending WIP Balance DM 24,000 90,000 r-find me last!! MOH, Enain 70,000720,000 k-find me first. use the POOH! WIP, Enain 70,000 s-balance from t-account aboveStep by Step Solution
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