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Aegean has a job order costing system. The company uses predetermined overhead rates in...

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Accounting

Aegean has a job order costing system. The company uses predetermined overhead rates in applying manufacturing
overhead cost to individual jobs. The predetermined overhead rate in Department A is based on machine hours.
The predetermined rate in Department B is based on direct material cost. At the beginning of the most recent year,
the company's management made the following estimates for the year:
Job 243 entered into production on April 1 and was completed on May 12.
The company's records show the following actual information about the job:
At the end of the year, the records of Aegean showed the following actual cost and operating data
for all jobs worked during the year:
Department Compute the firm's predetermined overhead rate for Department B.
Calculate the overhead variance for Department B for the year.
What is the total cost of Job 243 in Department B,
if direct labour hours were used to apply overhead?
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