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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
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-bours required to support estimated production Pised manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Required: 1 Compute the plantwide predetermined overhead rate. 185,000 32,960,000 $2.00 2. 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: Direct materials Direct labor cost Machine-hours used $1,334 $957 76 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. per MH Required 2 >
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