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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:

2. During the year, Job P90 was started, completed, and sold to the customer for $2,800. The following information was available with respect to this job:

Direct materials $ 1,288
Direct labor cost $ 924
Machine-hours used 75
Direct materials
Direct labor
Overhead applied
Total manufacturing cost $0

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