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urgent Q4 - Chapter 19 In December 2012, Jetta Computer's management establishes the year 2013 predetermined overhead rate based on the direct labor cost. The
urgent
Q4 - Chapter 19 In December 2012, Jetta Computer's management establishes the year 2013 predetermined overhead rate based on the direct labor cost. The information used is setting this rate included estimates that the company will incur $373,750 of overhead cost and $287,500 of direct labor cost in year 2013. During March 2013, Jetta began and completed Job No. 22-80. 1) What is the predetermined overhead rate for year 2013? 2) Use the information on the following job cost sheet to determine the total cost of Job 13-56. JOB COST SHEET Customer Name Manfred Co. Job No. 22-80 Job Description 5 plasma monitors - 61 inch Direct Material Direct Labor Overhead Cost Applied Date Req. No. Amount Time Ticket Amount Rate Amount Mar. 8 4-129 $2,500 T-306 $350 Mar. 11 4-142 3,510 T-307 625 Mar. 18 4-167 1,665 T-308 Total $7,675 $1,600 625 Step by Step Solution
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