Exercise 2-9 Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3] 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 210,000 $ 3,360,000 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 $3,400. The following information was available with respect to this job: $ 1,564 $ 1,122 81 Direct materials Direct labor cost Machine-hours used Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide predetermined overhead rate. Predetermined overhead rate per MH Required 1 Required 2
Exercise 2-9 Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3] 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 210,000 $ 3,360,000 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 $3,400. The following information was available with respect to this job: $ 1,564 $ 1,122 81 Direct materials Direct labor cost Machine-hours used Compute the total manufacturing cost assigned to Job P90. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide predetermined overhead rate. Predetermined overhead rate per MH Required 1 Required 2
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![Exercise 2-9 Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3]
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
210,000
$ 3,360,000
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 $3,400. The following information was available with
respect to this job:
$ 1,564
$ 1,122
81
Direct materials
Direct labor cost
Machine-hours used
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Compute the plantwide predetermined overhead rate.
Predetermined overhead rate
per MH
Required 1
Required 2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aeb4c9c-8d33-4b47-954d-a4d3ce02aa40%2F92cbbc88-7d16-4769-893f-759c103701c7%2Feqxflg.png&w=3840&q=75)
Transcribed Image Text:Exercise 2-9 Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3]
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
210,000
$ 3,360,000
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 $3,400. The following information was available with
respect to this job:
$ 1,564
$ 1,122
81
Direct materials
Direct labor cost
Machine-hours used
Compute the total manufacturing cost assigned to Job P90.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Compute the plantwide predetermined overhead rate.
Predetermined overhead rate
per MH
Required 1
Required 2
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