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Mansfield Industries uses job costing to calculate the costs of its jabs with direct labor cost as its manufacturing overhead allocation base. Click the icon
Mansfield Industries uses job costing to calculate the costs of its jabs with direct labor cost as its manufacturing overhead allocation base. Click the icon to view additional information.) Read the requirements Requirement 1. What is Mansfield's predetermined manufacturing owerhead rate based on direct labor (DL) cost? Determine the formula to calculate Mansfield's predetermined overhead rate based on direct labor costs, then calculate the rate. = Predetemined overhead rate % of DL cost direct labor cost to Job 371 Requirement 2. Calculate the manufacturing overhead to be allocated based Job 371,then calculate the manufacturing overhead allocated. (Round your answer to the nearest whole dollar) Determine the formula to calculate the overhead to allocated based on direct labor Manufacturing overhead allocated X i More Info Requirement 3. What is the total cost of Job 3717 Job 371 The company manufactures a variety beginning of the current year, Mansfield estimated that its overhead for the coming engines for use in farm equipment. At the the year. Mansfield pays its employees an average of $20 per direct labor hour Mansfield just finished Job 371, which consisted of two engines for a farm p d and 115 direct aios this job consisted of $14,500 in Total job cost Print Done
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