4 Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses...
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Accounting
4 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 estinated produetion Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 240,000 points 4,320,000 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 $4,000. The following information was available with respect to this job: eBook Hint Direet materials Direct labor cost Machine-hours used 1,840 1,320 87 Print Compute the total manufacturing cost assigned to Job P90
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