Question: Based on the information about two jobs LOADING... , determine the total overhead costs for each job by using rates developed in (a) requirement 1

Based on the information about

two jobs

LOADING...

,

determine the total overhead costs for each job by using rates developed in (a) requirement 1 and (b) requirement 2.

Start by computing the total overhead costs for each job using the rates developed in (a) requirement 1 (the step-down method.) (Round the total overhead costs to the nearest cent.)

(a) Step-down method: Total
Overhead Costs
Job 88: Machining 912.5
Assembly 0
Total cost of Job 88 912.5
Job 89: Machining
Assembly
Total cost of Job 89

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