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Taveras Corporation is currently operating at 5 0 % of its available manufacturing capacity. It uses a job - order costing system with a plantwide

Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system 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
Required:
Compute the plantwide predtermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $2,900. The following information was available with respect to this job:
\table[[Direct materials,$1,334
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