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Saved Help Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in process
Saved Help Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in process on February 1. During the month of February, the company worked on these three jobs: Direct labor ($8/hour) Direct materials Overhead applied B10 $ 35,000 43,000 ? Job Number C44 ? 62,000 22,000 G15 $ 10,500 ? 5,250 During the month, the.company completed and transferred Job B10 to the Finished Goods Inventory. Jobs C44 and G15 were not completed and remain in Work-in-Process at the cost of $158,650 at the end of the month. Actual factory overhead costs during the month totaled $40,000. Required: 1. What is the predetermined factory overhead rate? 2. Compute the amount of underapplied or overapplied overhead for February Complete this question by entering your answers in the tabs below. Required 1 Required 2. What is the predetermined factory overhead rate? (Round your answer to 2 decimal places.) Overhead rate per direct labor dollar Required 2 > Required: 1. What is the predetermined factory overhead rate? 2. Compute the amount of underapplied or overapplied overhead for February Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of underapplied or overapplied overhead for February. (Do not round intermediate calculations.) overheact ma
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