Les Taveras Corporation Is Currently Operating At 50 Of Its Available Manufacturing Capacity It Uses A Job Order Costi 1 (28.21 KiB) Viewed 8 times
Les Taveras Corporation Is Currently Operating At 50 Of Its Available Manufacturing Capacity It Uses A Job Order Costi 2 (14.79 KiB) Viewed 8 times
Les 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 Fixed manufacturing overhead cost. Variable manufacturing overhead cost per machine-hour Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $3,200. The following information was available with respect to this job; $ 1,472 Direct materials Direct labor cost Machine-hours used $ 1,056 79 Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 200,000 $ 2,800,000 $ 2.00 Compute the plantwide predetermined overhead rate. Predetermined overhead rate per MH
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total manufacturing cost assigned to Job P90. Direct materials Direct labor Overhead applied Total manufacturing cost
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!