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Please answer all parts. Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for
Please answer all parts.
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes $14,105 in direct materials cost and $10,300 in direct labor cost. A total of 1,250 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313 ? b. What is the unit product cost for Job 313 ? Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $4,000. The following information was available with respect to this job: Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Compute the plantwide predetermined overhead rate. Compute the total manufacturing cost assigned to Job P90Step by Step Solution
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