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Taveras Corporation currently operates at 5 0 % of its available manufacturing capacity. It uses job - order costing with a plantwide predetermined overhead rate

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Taveras Corporation currently operates at 50% of its available manufacturing capacity. It uses job-order costing with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
Machine-hours required to support estimated production Fixed manufacturing overhead cost
Variable manufacturing overhead cost per machine-hour
260,000
$5,720,000
$2.00
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $4,400. The following information pertains to this job:
Direct materials
Direct labor cost
Machine-hours used
$2,024
$1,452
91
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Compute the plantwide predetermined overhead rate.
Predetermined overhead rate
per MH
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