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Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Casting Assembly Total Estimated total machine-hours (MHs) 8,000 2,000 10,000 Estimated total fixed manufacturing overhead cost $ 44,000 $ 4,200 $ 48,200 Estimated variable manufacturing overhead cost per MH $ 1.90 $ 3.00 During the most recent month, the company started and completed two jobs--Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow: Casting machine-hours Assembly machine-hours Job A 5,400 800 Job H 2,600 1,200 a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. What is the amount of manufacturing overhead applied to Job H? (Round your intermediate calculations to 2 decimal places.) Suppose instead of using a plantwide predetermined overhead rate, the company used departmental overhead rates based on machine hours. What is the amount of manufacturing overhead applied to Job H? (Round your intermediate calculations to 2 decimal places.)
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