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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

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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
195,000
$3,510,000
$2.00
Variable manufacturing overhead cost per machine-hour
$2.00
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $3,100. The following information was available with respect to this job:
Direct materials
$1,426
Direct labor cost
$1,023
Machine-hours used
78
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $3,100. The following information was available with respect to this job:
Drect materials
$1,426
Direct labor cost
Machine-hours used
$1,02378
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required 1
Compute the plantwide predetermined overhead rate.
Predetermined overhead rate
per MH
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $3,100. The following information was available with respect to this job:
Direct materials
Direct labor cost
Machine-hours used
$1,426
$1,023
78
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Compute the total manufacturing cost assigned to Job p90.
\table[[Direct materials,,],[Direct labor,,],[Overhead applied,L,],[Total manufacturing cost,$,0]]
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job P90 was started, completed, and sold to the customer for $3,100. The following information was available with respect to this job:
Direct materials
Direct labor cost
Machine-hours used
$1,426
$1,023
78
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Compute the total manufacturing cost assigned to Job p90.
\table[[Direct materials,,],[Direct labor,,],[Overhead applied,L,],[Total manufacturing cost,$,0]]
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