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Required information Skip to question [ The following information applies to the questions displayed below. ] At the end of June, the job cost sheets
Required information Skip to question The following information applies to the questions displayed below. At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June Job Job Job Direct materials $ $ $ Direct labor Overhead applied Additional Information Job was started in May, and the following costs were assigned to it in May: direct materials, $; direct labor, $; and applied overhead, $ Job was finished in June. Job and Job were started in June; Job was finished in June, and Job is to be completed in July. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. What is the predetermined overhead rate?
Required information
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The following information applies to the questions displayed below.
At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs.
At June Job Job Job
Direct materials $ $ $
Direct labor
Overhead applied
Additional Information
Job was started in May, and the following costs were assigned to it in May: direct materials, $; direct labor, $; and applied overhead, $ Job was finished in June.
Job and Job were started in June; Job was finished in June, and Job is to be completed in July.
Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months.
What is the predetermined overhead rate?
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