Question: please help me with the requirments. really confused E3-38B (similar to) Question Help Streeter Recycling recycles newsprint, cardboard, and so forth, into recycled After the

E3-38B (similar to) Question Help Streeter Recycling recycles newsprint, cardboard, and so forth, into recycled After the new fiscal year began, Leftwich Paper Supply asked Streeter Recycling packaging materials for the coming year, Streeter estimates total manufacturing to bid for a job that will take 1,980 machine hours and 1.700 direct labor hours to overhead to be $360,360 The company's managers are not sure if direct labor produce the direct labor cost for this job will be $10 per hour and the direct hours (estimated to be 10,010) or machine hours (estimated to be 18,018 hours) is materials will total $25,800 the best allocation base to use for allocating manufacturing overhead Streeter bids for jobs using a 28% markup over total manufacturing cost Read the requirements Requirement 1. Compute the total job cost and bid price if Streeter Recycling decided to use direct labor hours as the manufacturing overhead alocation base for the year First calculate the predetermined overhead rate based on direct labor hours. Identify the formula and then compute the rate Predetermined overhead rate Choose from any drop-down list and then click Check Answer Clear All Check Answer 8 parts remaining E3-38B (similar to) Streeter Recycling recycles newsprint, cardboard, and so forth into recycled After the new fiscal year began, Leftwich Paper Supply asked Streeter Recycling packaging materials for the coming year, Stroeter estimates total manufacturing to bid for a job that will take 1.980 machine hours and 1,700 direct labor hours to overhead to be $360,360. The company's managers are not sure if direct labor produce. The direct labor cost for this job will be $10 per hour, and the direct hours (estimated to be 10,010) or machine hours (estimated to be 18,018 hours) is materials will total $25,800 the best allocation base to use for allocating manufacturing overhead Streeter bids for jobs using a 28% markup over total manufacturing cost, Read the requirements Requirement 1. Compute the total job cost and bid price is Streeter Recycling decided to use direct labor hours as the manufacturing overhead allocation base for the year First calculate the predetermined overhead rate based on direct labor hours Identify the formula and then compute the rate Prodetermined overhead rate - X Requirements 1. Compute the totaljob cost and bid price if Streeter Recycling decided to use direct labor hours as the manufacturing overhead allocation base for the year 2. Compute the total job cost and bid price i Streeter Recycling decided to use machine hours as the manufacturing overhead allocation base for the year 3. In addition to the bid from Streeter Recycling Leftwich Paper Supply received a bid of $125,000 for this job from Cusack Recycling What are the ramifications for Streeter Recycling? Print Done Check Answer Clear All 8 parts remaining 8 E
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