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I only need help with 4B. Please show work. Blast is said David Wilson, president of Teledex Company Weve just lost the bid on the

I only need help with 4B. Please show work.
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"Blast is said David Wilson, president of Teledex Company "Weve just lost the bid on the Koopers job by $3,000. It seems were either too high to get the job or too low to make any money on hall the jobs we bid." Teledex Company manufactures products to customers specifications and uses a job order costing system. The company uses a plantwide predetermined overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to jobs. The following estimates were made at the beginning of the year Department Fabricating Machining Assembly Total Plant Manufacturing overhead $360,500 $ 412,000 $ 92,700 $ 865,200 Direct labor 206,000 $ 103,000 $309.000 $ 618,000 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Direct materials Direct labor Manufacturine overhead Fabricating $3,600 $4,000 Department Machining $300 $ 600 2 Assembly $2,000 $6,800 Total Plant 55,900 $11,400 Required: 1. Using the company's plantwide approach a. 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 UUU ULICU U NJU. 2. Suppose that instead of using a plantwide predetermined overhead rate the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department 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) a What was the company's bid price on the Koopers Job using a plantwido predetermined overhead rate? b.What would the bid price have been it departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 28 Required 1A Required 40 Assume that it is customary in the industry to bid Jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). What would the bid price have been it departmental predetermined overhead rates had been used to apply overhead cost Manufacturing overhead cost applied

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