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Problem # 1 The Solomon Company uses a job - costing system at its Dover, Delaware, plant. The plant has a machining department and a
Problem #The Solomon Company uses a jobcosting system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Solomon uses normal e direct manufacturing labor and two manufacturing overhead cost pools the machining department with machinehours as the allocation base and the finishing degar base The current year budget for the plant is as follows:coManufacturing Overhead CostsDirect Manufacturing Labor Costs Direct Manufacturing Labor HoursMachine HoursREQUIRED: What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? Compute the total manufacturing overhead cost allocated to Job if its job cost record shows the following:MachiningFinishing Dept.SMachiningSFinishing Dept.S $Direct Materials UsedDirect Manufacturing Labor Costs Direct Manufacturing Labor HoursMachine Hours Assuming that Job consisted of units of product, what is the cost per unit?
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