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Kingsport Containers Company makes a single product with wide seasonal variations in demand. The company uses a job-order costing system and computes plantwide predetermined overhead

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Kingsport Containers Company makes a single product with wide seasonal variations in demand. The company uses a job-order costing system and computes plantwide predetermined overhead rates on a quarterly basis using the number of units to be produced as the allocation base. Its estimated costs, by quarter, for the coming year are given below: Management finds the variation in quarterly unit product costs to be confusing. Accordingly, you have been asked to find a more appropriate way of applying manufacturing overhead cost to units of product. Assuming the company computes one predetermined overhead rate for the year rather than computing quarterly overhead rates, calculate the unit product cost for all units produced during the year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Assuming the company computes one predetermined overhead rate for the year rather than computing cuarterly overhead rates, calculate the unit product cost for all units produced during the year. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. White Company has two departments, Cutting and Finishing. The company uses job-order costing and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Required: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203 , which was started and completed during the year, showed the following: Complete this question by entering your answers in the tabs given below. Using the predetermined overhead rates you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. Note: Round your intermediate calculations and final answer to 2 decimal ploces

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