Exercise $2-10($Static$)$ 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 $$2,500.$ The following information pertains to this

job:

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

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

Required $1$

Compute the plantwide predetermined overhead rate.Complete this question by entering your answers in the tabs below.

Required $2$

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