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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-hour's required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine hour 225,000 $ 4,275,000 5 2.00 5 Required: 1. Compute the plantwide predetermined overhead rate 2. During the year, Job P90 was started, completed, and sold to the customer for $3,700. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $ 1,702 $ 1,221 84 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the plantwide predetermined overhead rate. Pretermined overhead rate I por Mr 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 estinated production Fixed manufacturing overhead cost variable manufacturing overhead cost per machine-hour 225,000 54,275,800 5 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 $3,700. The following information was available with respect to this job Direct materials Direct labor cost Machine-hours used $ 1,702 $ 1,221 84 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 During the year, Job P90 was started, completed and sold to the customer for $3,700. Compute the total manufacturing cost assigned to Job Po. Direct materials Direct labor Overhead applied Total manufacturing cost
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