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Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $684,000 of overhead costs and $570,000 of direct
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $684,000 of overhead costs and $570,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the nearest dollar amount.) Job No: 13-56 JOB COST SHEET Customer's Name: Keiser Co. Job Description: 5 plasma monitors61 inch Direct Materials Direct Labor Date Time-Ticket Requisition No. Amount Amount No. Overhead Total Cost Amount Mar. 8 4-129 $ 5,000 T-306 $ 640 Costs Applied $ 768 1,584 1,620 Mar. 11 4-142 6,800 T-432 1,320 Mar. 18 4-167 3,550 T-456 1,350 $ 15,350 $ 3,310$ 3,972 $ 3,972 X
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