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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
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 165,000 Fixed manufacturing overhead cost $1,980,000 Variable manufacturing overhead cost per machine-hour $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year. Job P90 was started, completed, and sold to the customer for $2.500. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $1,150 $ 830 72 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 plantwide predetermined overhead rate. Predetermined overhead rate per MH Required Required 2 > 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 165,000 Fixed manufacturing overhead cost $1,980,000 Variable manufacturing overhead cost per machine-hour $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2 During the year, Job P90 was started, completed, and sold to the customer for $2.500. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $1,150 $ 830 72 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 P90. Direct materials Direct labor Overhead applied Total manufacturing cost $
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