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Question 2 options: Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate

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Question 2 options: Bulla Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine- hours and the Customizing Department's predetermined overhead rate is based on direct labor- hours. At the beginning of the current year, the company had made the following estimates: Machining Customizing Machine-hours 21,000 14,000 Direct labor-hours 4000 2000 Total fixed manufacturing overhead cost $ 100,800 $ 64,400 Variable manufacturing overhead per machine-hour $ 1.00 Variable manufacturing overhead per direct labor- hour $ 2.00 During the current month the company started and finished Job K369. The following data were recorded for this job: Job K369: Machining Customizing Machine-hours 90 10 Direct labor-hours 10 60 Required: Calculate the following: $ Predetermined OH rate for Machining (round to 2 decimal places) Predetermined OH rate for Customizing (round to 2 decimal places) $ Total Amount of OH applied to job K369 through both departments (do not include commas) $

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