Exercise $2-10($Algo$)$ Job$-$Order Costing and Decision Making $[$LO$2-1,$ LO$2-2,$ LO$2-3]$

Taveras Corporation currently operates at $50\%$ of its available manufacturing capacity. It uses job$-$order costing with a plantwide

predetermined overhead rate based on machine$-$hours. At the beginning of the year, the company made the following estimates:

Machine$-$hours required to support estimated production

Fixed manufacturing overhead cost

Variable manufacturing overhead cost per machine$-$hour

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job P$90$ was started, completed, and sold to the customer for $$3,900.$ The following information pertains to this

job:

Direct materials

$$1,794$

Direct labor cost

Machine$-$hours used

$235,000$

$$3,760,000$

$$2\mathrm{.}00$

Exercise $2-10($Algo$)$ Job$-$Order Costing and Decision Making $[$LO$2-1,$ LO$2-2,$ LO$2-3]$

Taveras Corporation currently operates at $50\%$ of its available manufacturing capacity. It uses job$-$order costing with a plantwide

predetermined overhead rate based on machine$-$hours. At the beginning of the year, the company made the following estimates:

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job P$90$ was started, completed, and sold to the customer for $$3,900.$ The following information pertains to this

job:

Direct materials

$$1,794$

Direct labor cost

$$1,287$

Machine$-$hours used

$86$

Compute the total manufacturing cost assigned to Job P$90.$

Complete this question by entering your answers in the tabs below.

Compute the total manufacturing cost assigned to Job P$90.$

Exercise $2-10($Algo$)$ Job$-$Order Costing and Decision Making $[$LO$2-1,$ LO$2-2,$ LO$2-3]$

Taveras Corporation currently operates at $50\%$ of its available manufacturing capacity. It uses job$-$order costing with a plantwic

predetermined overhead rate based on machine$-$hours. At the beginning of the year, the company made the following estima

Machine$-$hours required to support estimated production

Fixed manufacturing overhead cost

Variable manufacturing overhead cost per machine$-$hour

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job P$90$ was started, completed, and sold to the customer for $$3,900.$ The following information pertains

job:

Direct materials

Direct labor cost

Machine$-$hours used

$235,000$

$$3,760,000$

$$2\mathrm{.}00$

Compute the total manufacturing cost assigned to Job P$90.$

Complete this question by entering your answers in the tabs below.

Compute the plantwide predetermined overhead rate.