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Please answer both A & B 9 Marine Components produces parts for alplanes and ships. The parts are produced to specification by their customers who
Please answer both A & B
9 Marine Components produces parts for alplanes and ships. The parts are produced to specification by their customers who pay either a foved price (the price does not depend directly on the cost of the jobiyot price equal to recorded cost plus a foved fee (cost plus). For the upcoming year (ver 2). Marine expects only two clients (client 1 and client 2. The work done for client I will all be done under fixed price contracts while the work done for client will all be done under cost-plus contracts. The controller at Marine Components chose direct labor cost as the location base in year 2. based on what she considered reflected the relation between overticed and direct labor cost Year 3 is approaching and again the company only expects two client client and client. Work for client will continue to be billed using feed oike contracts, and client 3 will be billed based on cost plus contracts Manufacturing overhead for year is estimated to be 18 millon. Othet bureted data for year 3 include CH Machinebourse) 11.200 tirect liberost) $4.00 54,000 S. Required: a. Compute the predetermined rate assuming that Marine Components uses machine hours to apply overhead b. Compute the predetermined tate assuming that Marine Components uses direct labor cost to apply overhead Required: o. Compute the predetermined rate assuming that Marine Components uses machine hours to apply overhead. b. Compute the predetermined rate assuming that Marine Components uses direct labor cost to apply overhead, Complete this question by entering your answers in the tabs below. Required Required B Compute the predetermined rate assuming that Marine Components uses machine bours to apply overhead. (Round your answer to 2 decimal places) Application rate per machine hour Required: a. Compute the predetermined rate assuming that Marine Components uses machine-hours to apply overhead. b. Compute the predetermined rate assuming that Marine Components uses direct labor cost to apply overhead. Complete this question by entering your answers in the tabs below. Required Required B Compute the predetermined rate assuming that Marine Components uses direct labor cost to apply overhead. Appscutoriale of red labor cost Step by Step Solution
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