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Linwood Company uses a job order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company
Linwood Company uses a job order costing system and a predetermined overhead rate based on machine hours. At the beginning of the year, the company estimated manufacturing overhead for the year would be $60000 and 12000 machine hours would be used. The following information relates to February this year, when three jobs were in process: Actual manufacturing overhead costs incurred in February were \$6 000 . Required: a. Compute the predetermined overhead application rate. b. Determine the total cost associated with Job 6 at the end of February
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