Question Help 20 Superior Tire manufactures tires for all-terrain vehicles, Superior uses job costing and has a perpetual Inventory system. On September 22, Superior received an order for 150 TX tires from ATV Corporation at a price of $90 each. The job, assigned number 298, was promised for October 10. After purchasing the materials, Superior began production on September 30 and incurred the following direct labor and direct materials costs in completing the order: :: (Click the icon to view the costs.) Superior allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($546,000) and expected direct labor hours (21,000). Job 298 was completed on October 3 and shipped to ATV on October 5. Read the requirements Requirement 1. Prepare a job cost record for Job 298. Calculate the predetermined overhead rate, then apply manufacturing overhead to the job. Begin by identifying the formula and computing the predetermined overhead rate. - Predetermined overhead rate per hour Complete the job cost record in order of direct materials, direct labor, and allocated manufacturing overhead. Then prepare the overall cost summary: (List the dates in chronological order. Enter the labor time records in the correct row according to date. Complete only necessary answer boxes. If a box is not used in the table leave the box empty, do not enter a zero.) Job Cost Record Job No. 298 Customer Name ATV Corporation Job Description 150 TX tires Date Promised 10-10 Date Started 9-30 Date Completed 10-3 Choose from any list or enter any number in the input fields and then continue to the next question 11:59pm Question H Superior Tire manufactures tires for all-terrain vehicles, Superior uses job costing and has a perpetual inventory system. On September 22, Superior receive for 150 TX tires from ATV Corporation at a price of $90 each. The job, assigned number 298, was promised for October 10. After purchasing the materials, S began production on September 30 and incurred the following direct labor and direct materials costs in completing the order (Click the icon to view the costs.) Superior allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($546,000) and expected direct labor hour Job 298 was completed on October 3 and shipped to ATV on October 5. Read the requirements Requisition Number Labor Time Record Number Amount Amount Date Rate Amount Date 20xx direct labor hr. Overall Cost Summary Direct Materials Direct Labor Manufacturing Overhead Allocated Total Job Cost Totals Requirement 2. Calculate the total profit and the per-unit profit for Job 298. (Round vour answer to two decimal places. Choose from any list or enter any number in the input fields and then continue to the next question. 11:59pm Question Help Superior Tire manufactures tires for all-terrain vehicles. Superior uses job costing and has a perpetual inventory system. On September 22, Superior received an order for 150 TX tires from ATV Corporation at a price of $90 each. The job, assigned number 298, was promised for October 10. After purchasing the materials, Superior began production on September 30 and incurred the following direct labor and direct materials costs in completing the order: B: (Click the icon to view the costs.) Superior allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($546,000) and expected direct labor hours (21,000) Job 298 was completed on October 3 and shipped to ATV on October 5. Read the requirements Direct Materials Direct Labor Manufacturing Overhead Allocated Total Job Cost Totals Requirement 2. Calculate the total profit and the per unit profit for Job 298. (Round your answer to two decimal places.) Job 298 Sales Less: Cost of job Total profit on job Number of tires Per-unit profit Choose from any list or enter any number in the input fields and then continue to the next question 11:59pm Question Help O Superior Tire manufactures tires for all-terrain vehicles, Superior uses job costing and has a perpetual inventory system. On September 22, Superior received an order for 150 TX tires from ATV Corporation at a price of $90 each. The job, assigned number 298, was promised for October 10. After purchasing the materials, Superior began production on September 30 and incurred the following direct labor and direct materials costs in completing the order: BE(Click the icon to view the costs.) Superior allocates manufacturing overhead to jobs on the basis of the relation between expected overhead costs ($546,000) and expected direct labor hours (21,000). Job 298 was completed on October 3 and shipped to ATV on October 5. Read the requirements Data Table Date Totals 9/30 Labor Time Record No. 1896 1904 Description 12 hours at $14 30 hours at $16 Amount $ 168 $ 480 Requirement 2. Calculate the total pro 10/3 Job 20 Materials Sales Requisition Amount Less: Cost of job Total profit on job Number of tires Per-unit profit No 437 439 Description 60 lbs, rubber at $10 40 meters polyester fabric at $12 100 meters steel cord at $8 3 480 501 800 Choose from any list or enter any nur Print Done 11:59pm