1. Chapter 2

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Exercise 2-7 (Algo) Job-Order Costing: Working Backwards [LO2-1, LO2-2, LO2-3] Hahn Company uses a job-order costing system, its plantwide predetermined overhead rate uses direct lobot-hours as the allocation base. The company pays lits direct laborers $12.00 per hour. During the year, the company started and completed only two joos - Job Alpha, which used 65, too direct labor-hours, and Job Dmeg a. The job cost sheets for these two jobs are shown below: Required: 1. Calculate the plantwide predetermined overhead fate. 2. Complete the job cost sheet for Job Alpha. Complete thin question by entering your answers in the tabs below. Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Exercise 2-7 (Algo) Job-Order Costing: Woricing Backwards [LO2-1, LO2-2. LO2-3] Hahn Company uses a job-order costing system. Its piantwide predetermined overhead rate uses direct labor-hours as the alsocation base. The compeny pays its direct laborers $12.00 per hour. Daring the yeac, the company started and campleted only two jobs-Job Alpha, which used 65,100 direct labor hours, and Job Omega, The job cost sheets for these two lobs are shown below: Required: 1. Caiculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Apha. Complete this question by entering your antwers in the tabs below. Complete the job cost sheet for Job Apha. (Round your intermediate calculations to 2. decimal places.)