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White Company has two departments, Cutting and Finishing. The company uses a job-order costing system...

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Accounting

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White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours: and the Finishing Depanment bases its rate on direct labor-hours. At the beginning of the year, the companv made the following estimates: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203 , which was started and completed during the year, showed the following: 203. whe prevereimined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 3i Wound you copect substantially ditletent amounts of ovethead cost to be assigned to some jobs if the company used a plantwide

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