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Require 1 and 2 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will ineur $715,000 of overhead costs
Require 1 and 2
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will ineur $715,000 of overhead costs and $550,000 of direct labor cost for the year. During March, Shire began and completed Job 3-56, 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will ineur $715,000 of overhead costs and $550,000 of direct labor cost for the year. During March, Shire began and completed Job 3-56, 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the jobStep by Step Solution
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