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please solve Yancey Productons is a film studio that uses job-order costing. The company's direct materials include costumes and props. Its direct labor includes each
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Yancey Productons is a film studio that uses job-order costing. The company's direct materials include costumes and props. Its direct labor includes each film's actors, directors; and extras. The company's overhead costs include items such as utilities, depreclation of equlprient, senior management salaties, and wages of maintenonce workers. Yancey applles its overhead cost to films based on directlabor-dollars: At the beginning of the year, Yancey made the following estimates: Required: 1. Compute the predetermined ovethead rate. 2. During the yeac, Yancey produced a film tated You Can Say That Again that incurred the following costs: oirect suterials 5. 1,4,30,000 Direct Jabor cost 32,694,000 Compute the totat job cost for this particular film. Complete this quesuion by entering your answers in the tabs oiven below. Compute the predetermined overtiend tate. Rotes fondind your answir to 2 decimal places Step by Step Solution
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