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Need help with requirement 3 by filling in the blanks. Requirement 1. Compute the manufactunng overhead allocated to each customer in 2017 using the simple
Need help with requirement 3 by filling in the blanks.
Requirement 1. Compute the manufactunng overhead allocated to each customer in 2017 using the simple costing system that uses machine-hours as the allocation base Determine the formula needed to calculate overhead using the simple costing method and then calculate AP's manufacturing overhead rate for 2017. (Round your answer to the nearest cent.) Total manufacturing overheadI Total machine hours Manufacturing overhead rate 308600 4000 77.15 per machine hour Calculate the overhead allocated to each customer using the simple costing method. (Round your answers to the nearest whole dollar.) Machine Overhead Customer Hours Used Allocated Rural Motors Janek Motors Jupiter Auto 120 2800 1080 9258 216020 83322 Requirement 1. Compute the manufactunng overhead allocated to each customer in 2017 using the simple costing system that uses machine-hours as the allocation base Determine the formula needed to calculate overhead using the simple costing method and then calculate AP's manufacturing overhead rate for 2017. (Round your answer to the nearest cent.) Total manufacturing overheadI Total machine hours Manufacturing overhead rate 308600 4000 77.15 per machine hour Calculate the overhead allocated to each customer using the simple costing method. (Round your answers to the nearest whole dollar.) Machine Overhead Customer Hours Used Allocated Rural Motors Janek Motors Jupiter Auto 120 2800 1080 9258 216020 83322Step by Step Solution
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