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 production245,000Fixed manufacturing overhead cost$4,410,000Variable 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 $4,100. The following information was available with respect to this job:

Direct materials$1,886Direct labor cost$1,353Machine-hours used88

Check O 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 245, 000 Fixed manufacturing overhead cost $ 4, 410,000 bped Variable manufacturing overhead cost per machine-hour 2.00 ook Required: 1. Compute the plantwide predetermined overhead rate. int 2. During the year, Job P90 was started, completed, and sold to the customer for $4,100. The following information was available with respect to this job: int ences Direct materials $ 1, 886 Direct labor cost $ 1, 353 Machine-hours used 88 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