Question: Hi, I need correct answe with steps Exercise 2-7 (Algo) Job-Order Costing; Working Backwards [LO2-1, LO2-2, LO2-3) Hahn Company uses a job-order costing system. Its


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 labor-hours as the base. The company pays its direct Jaborers $12.50 per hour. During the year, the company started and completed only twoj Alpha, which used 68,200 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost 2 $1,674.000 Job Onega Direct materials Direct labor Manufacturing overhead applied Total job cont $ 232,250 378,750 166,650 $ 777,650 Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 17 points Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Plantwidn predetermined overhogd rate 13.00 per DLH Nequired Required 2 > 7 points Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places.) Direct materials $ 232,250 Direct labor 378,750 Manufacturing overhead applied 166,650 Total job cost 777,650
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