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mheducation.com/ext/map/index.htmiz.com-con&extense browser DN Homework Saved Required information. [The following information applies to the questions displayed below.) At the end of June, the job cost
mheducation.com/ext/map/index.htmiz.com-con&extense browser DN Homework Saved Required information. [The following information applies to the questions displayed below.) At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Direct materials Direct labor Overhead applied Additional Information Job 5 $ 15,400 8,400 4,200 Job 6 $ 33,200 Job 7 $ 27,200 14,600 7,300 21,400 10,700 Help Save a. Job 5 was started in May, and the following costs were assigned to it in May: direct materials, $6,200; direct labor, $2,000; and applied overhead, $1,100. Job 5 was finished in June. b. Job 6 and Job 7 were started in June; Job 6 was finished in June, and Job 7 is to be completed in July. c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. 3. What is the predetermined overhead rate? Predetermined overhead rate %
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