Fillmore Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
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Accounting
Fillmore Corporation uses a joborder 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 direct laborhours, total fixed manufacturing overhead cost of $ and a variable manufacturing overhead rate of $ per direct laborhour. Recently Job X was completed and required direct laborhours. Required: a Calculate the estimated total manufacturing overhead for the year. Note: Do not round intermediate calculations. b Calculate the predetermined overhead rate for the year. Note: Do not round intermediate calculations. Round your final answer to two decimal places. c Calculate the amount of overhead applied to Job X Note: Do not round intermediate calculations.
Fillmore Corporation uses a joborder 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 direct laborhours, total fixed
manufacturing overhead cost of $ and a variable manufacturing overhead rate of $ per direct laborhour. Recently Job
X was completed and required direct laborhours.
Required:
a Calculate the estimated total manufacturing overhead for the year.
Note: Do not round intermediate calculations.
b Calculate the predetermined overhead rate for the year.
Note: Do not round intermediate calculations. Round your final answer to two decimal places.
c Calculate the amount of overhead applied to Job X
Note: Do not round intermediate calculations.
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