Seved Help Save & Exit Submit Required information Excel Analytics 02-02 (Static) Job-Order Costing: Plantwide Predetermined Overhead Rates (L02-1, LO2- 2, LO2-3) (The following information applies to the questions displayed below) Ozuno Company uses a job-order costing system with a plantwide predetermined overhead rate based on direct labor hours. For job costing purposes. It uses an average direct labor wage rate of $20 per hour. The company has been struggling financially, accordingly, it has asked you to conduct a job profitability study beginning with a thorough critique of its existing cost system. To keep the scope of your project manageable, you have chosen a subset of 12 jobs from the many jobs completed by the company during the year Your goal is to complete the table shown below and comment on the insights that it provides: Direct Direct Applied Total Job dreas Job Sales Material Labor Overhead Hargin $2,400 $5.400 59,000 $1,450 $2,200 57.000 51,700 $1,600 50.000 $6.100 33,200 52.000 7 1 2 3 7 7 7 2 7 2 ? > ? 5 6 7 cont 2 2 7 7 2 ? 2 7 2 2 2 2 2 7 9 10 11 12 7 Click here to download the Excel template which you will use to answer the questions that follow Click here for a brief tutorial on Pivottables in Excel Click here for a brief tutorial on VLOOKUP in Excel Excel Analytics 02-02 (Static) Part 5 OD 5 6 7 8 of 9 ! 7 10 11 12 35,000 $4,100 $3,200 $2,800 7 7 Click here to download the Excel template, which you will use to answer the questions that follow, Click here for a brief tutorial on PlvotTables in Excel Click here for a brief tutorial on VLOOKUP in Excel Excel Analytics 02-02 (Static) Part 5 Required: 5. Go to the tab titled "Job Profitability": a. Using formulas that refer to your answers from requirements 14. calculate the direct materials, direct labor, and applied overhead cost for each of the 12 jobs. (Hint: Use VLOOKUP to reference values from the pivot tables you created in requirements 1 and 2) b. What is the amount of applied overhead for Jobs 4 and 97 Sob 4 3o The applied overheld in MacBook Air Seved Help Save & Exit Submit Required information Excel Analytics 02-02 (Static) Job-Order Costing: Plantwide Predetermined Overhead Rates (L02-1, LO2- 2, LO2-3) (The following information applies to the questions displayed below) Ozuno Company uses a job-order costing system with a plantwide predetermined overhead rate based on direct labor hours. For job costing purposes. It uses an average direct labor wage rate of $20 per hour. The company has been struggling financially, accordingly, it has asked you to conduct a job profitability study beginning with a thorough critique of its existing cost system. To keep the scope of your project manageable, you have chosen a subset of 12 jobs from the many jobs completed by the company during the year Your goal is to complete the table shown below and comment on the insights that it provides: Direct Direct Applied Total Job dreas Job Sales Material Labor Overhead Hargin $2,400 $5.400 59,000 $1,450 $2,200 57.000 51,700 $1,600 50.000 $6.100 33,200 52.000 7 1 2 3 7 7 7 2 7 2 ? > ? 5 6 7 cont 2 2 7 7 2 ? 2 7 2 2 2 2 2 7 9 10 11 12 7 Click here to download the Excel template which you will use to answer the questions that follow Click here for a brief tutorial on Pivottables in Excel Click here for a brief tutorial on VLOOKUP in Excel Excel Analytics 02-02 (Static) Part 5 OD 5 6 7 8 of 9 ! 7 10 11 12 35,000 $4,100 $3,200 $2,800 7 7 Click here to download the Excel template, which you will use to answer the questions that follow, Click here for a brief tutorial on PlvotTables in Excel Click here for a brief tutorial on VLOOKUP in Excel Excel Analytics 02-02 (Static) Part 5 Required: 5. Go to the tab titled "Job Profitability": a. Using formulas that refer to your answers from requirements 14. calculate the direct materials, direct labor, and applied overhead cost for each of the 12 jobs. (Hint: Use VLOOKUP to reference values from the pivot tables you created in requirements 1 and 2) b. What is the amount of applied overhead for Jobs 4 and 97 Sob 4 3o The applied overheld in MacBook Air
