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Home Q & A Board Other Fields Homework Help Business Accounting
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maportil maportil
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A year ago

Leadley Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:

Total direct labor-hours10,000
Total fixed manufacturing overhead cost$76,000
Variable manufacturing overhead per direct labor-hour$ 2.10

Recently Job X701 was completed with the following characteristics:

Number of units in the job90
Total direct labor-hours270
Direct materials$ 590
Direct labor cost$6,480

Required:

a. Calculate the estimated total manufacturing overhead for the year.

b. Calculate the predetermined overhead rate for the year.

c. Calculate the amount of overhead applied to Job X701.

d. Calculate the total job cost for Job X701

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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gagan17gagan17
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A year ago
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