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* More Info - X a The company manufactures a variety of engines for use in farm equipment. At the beginning of the current year,
* More Info - X a The company manufactures a variety of engines for use in farm equipment. At the beginning of the current year, Miskimen estimated that its overhead for the coming year would be $364,000. It also anticipated using 28,000 direct labor hours for the year. Miskimen pays its employees an average of $26 per direct labor hour. Miskimen just finished Job 371, which consisted of two engines for a farm equipment manufacturer. The costs and hours for this job consisted of $15,500 in direct materials used and 110 direct labor hours. ve Print Done Requirement 2. Calculate the manufacturing overhead to be allocated based on direct labor cost to Job 371 Determine the formula to calculate the overhead to be allocated based on direct labor to Job 371, then calculate the manufacturing overhead allocated. (Round your answer to the nearest whole dollar.) Choose from any list or enter any number in the input fields and then click Check Answer. Read the requirements. Manufacturing Predetermined overhead rate = overhead allocated X % Choose from any list or enter any number in the input fields and then click Check
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