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Speedy Auto Repairs uses a job-order costing system. The company's directes com of replacement parts in customer vehicles, and its direct labor consists of the
Speedy Auto Repairs uses a job-order costing system. The company's directes com of replacement parts in customer vehicles, and its direct labor consists of the mechanics'hourly wages, Speedy soverhead costs include various tems, such as the shop manager's salary, depreciation of equipment, les, insurance, and magamine subscriptions and refreshments for the warting room The company applies ait of its overhead costs to jobs based on direct labor hours. At the beginning of the you, I made the following estimates Die laer rutred to support estimate output 46,0 Terhead coat vasite wwerhadat per direct shoror 31.00 Required: Compute the predetermined overhead rate. 2. During the year, Mt. Wilkes brought in his vehicle to replace his brakes, spark plugs and tires. The following information was available with respect to his job Dit libero 197 Direct labor- hewand Compute Mr. Wilkes totaljob cost 3. Speedy establishes its selling prices using a markup percentage of 40% of its total job cost, then how much would have charged ME Wilkes? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required
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