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The Ozuna Company uses a job - order costing system, and the principal concern is in determining its direct materials, direct labor and applied overhead
The Ozuna Company uses a job
order costing system, and the principal concern is in determining its direct materials, direct labor and applied overhead allocation for each of the
jobs Overhead in the company is applied on a per labor hour basis using an average of $
hour
Our objective is to determine the allocated overhead and finally cost out each job. In this case, we need to figure out the applied overhead for Jobs
and
using a predetermined overhead rate. Within the
Estimated MOH
tab create a formula in cell E
that calculates a plantwide predetermined overhead rate this year. Using formulas that refer to your answers from requirements calculate the direct materials, direct labor, and applied overhead cost for each of the jobs. Hint: Use VLOOKUP to reference values from the pivot tables you created in requirements and
What is the amount of applied overhead for Jobs and
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