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Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is
Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Mansfield estimated that its overhead for the coming year would be $66,000. It also anticipated using 4,400 direct labor hours for the year. In November, Mansfield started and completed the following two jobs: E (Click the icon to view the jobs.) Mansfield paid a $28-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. Requirement 1. What is Mansfield's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Mansfield's predetermined overhead rate based on direct labor hours, then calculate the rate. = Predetermined overhead rate . = per hour Requirement 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. Job 101 Job 102 Overhead costs Requirement 3. What is the total cost of Job 101? What is the total cost of Job 102? Job 101 Job 102 Choose from any list or enter any number in the input fields and then continue to the next question. ? Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Mansfield estimated that its overhead for the coming year would be $66,000. It also anticipated using 4,400 direct labor hours for the year. In November, Mansfield started and completed the following two jobs: (Click the icon to view the jobs.) Mansfield paid a $28-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. + Predetermined overhead rate + per hour Requirement 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. Job 101 Job 102 Overhead costs Requirement 3. What is the total cost of Job 101? What is the total cost of Job 102? Job 101 Job 102 Total job cost Choose from any list or enter any number in the input fields and then continue to the next question. Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Mansfield estimated that its overhead for the coming year would be $66,000. It also anticipated using 4,400 direct labor hours for the year. In November, Mansfield started and completed the following two jobs: |(Click the icon to view the jobs.) Mansfield paid a $28-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. + i Data Table - Requirement 2. Calculate the overhead to be allocated to each of the two Job 101 Job 102 Job 101 Job 102 Overhead costs Direct materials used $ 19,000 $ 12,500 Requirement 3. What is the total cost of Job 101? What is the total cost Direct labor hours used 200 80 Job 101 Job 102 Print Done Total job cost Choose from any list or enter any number in the input fields and then continue to the next question. Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Mansfield estimated that its overhead for the coming year would be $66,000. It also anticipated using 4,400 direct labor hours for the year. In November, Mansfield started and completed the following two jobs: |(Click the icon to view the jobs.) Mansfield paid a $28-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. i Requirements X + Requirement 2. Calculate the overhead to be allocated to each Job 101 Job 102 Overhead costs 1. What is Mansfield's predetermined overhead rate based on direct labor hours? 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102? Requirement 3. What is the total cost of Job 101? What is the to Job 101 Job 102 Print Done Total job cost Choose from any list or enter any number in the input fields and then continue to the next
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