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please show step by step. Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a
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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 Machine-hours required to support estimated production Pixed manufacturing overbead cost Variable manafacturing overhead cost per machine-hour 165,000 $ 1,980,000 $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $2,500. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $1,150 5 330 72 Compute the total manufacturing cost assigned to Job P90 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Step by Step Solution
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