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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

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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 245,000 Fixed manufacturing overhead cost 4,410,000 2.00 Variable manufacturing overhead cost per machine-hour $ 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 1,886 Direct labor cost 1,353 Machine-hours used Compute the total manufacturing cost assigned to Job P90. Predetermined overhead rate per MH Direct materials Direct labor Overhead applied Total manufacturing cost

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