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I need help with these steps. I am confused at this moment. Required: 1. using the compony's plantwide approach: o. Compute the plantwide predetermined rate
I need help with these steps. I am confused at this moment.
Required: 1. using the compony's plantwide approach: o. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the compony had used departmental predetermined overhead rates based on direct labor cost Under these conditions: o.Compute the predetermined overhead rate for each deportment for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). o_What was the compony's bid price on the Koopers job using a plantwide predetermined overhead rote? b_What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required IA Required 1B Required 2A Required 2B Required 4A Required 4B Using the company's plantwide approach, compute the plantwide predetermined rate for the current year. Required IA Required 18
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