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please help solve this problem and show the work corresponding to the problem. thank you *Problem 16-4A (Part Level Submission) Agassi Company uses a job
please help solve this problem and show the work corresponding to the problem. thank you
*Problem 16-4A (Part Level Submission) Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2017, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $924,000 1,500,000 900,000 $1,320,000 1,875,000 675,000 60,000 120,000 150,000 600,000 125,000 750,000 During January, the job cost sheets showed the following costs and production data Department Direct materials used Direct labor costs Manufacturing overhead incurred Direct labor hours Machine hours $ 148,500 12,000 51,000 $ 210,000 $189,000 $ 117,000 180,000 $165,000 $56,250 186,000 16,500 67,500 118,500 5,250 10,440 Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e.g. 10.25.) Overhead rate Department D Department E Department K per direct labor hour per machine hour Attempts: 0 of 3 used The parts of this question must be completed in order. This part will be available when you complete the part above The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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