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JSmith1 JSmith1
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A year ago

Verry 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-hours60,000
Total fixed manufacturing overhead cost$342,000
Variable manufacturing overhead per direct labor-hour$ 2.40

Recently Job X711 was completed and required 90 direct labor-hours.

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 X711.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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marlboromanmarlboroman
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A year ago
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JSmith1 Author
wrote...

A year ago
Thanks
sleinhi
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Yesterday
Good timing, thanks!
avance37
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2 hours ago
You make an excellent tutor!
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