Question: Would appreciate it if work is shown. Problem 1 - Job Order Costing using Multiple Predetermined Overhead Rates (15 points) The following estimates were made

Would appreciate it if work is shown.

Would appreciate it if work is shown. Problem 1 - Job OrderCosting using Multiple Predetermined Overhead Rates (15 points) The following estimates were

Problem 1 - Job Order Costing using Multiple Predetermined Overhead Rates (15 points) The following estimates were made for the upcoming operating year of a small manufacturing company. Department 1 uses machine hours as its allocation base and Department 2 uses direct labor hours as its allocation base. Department 1 2 Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 32,000 86,000 266,600 2.40 51,300 38,000 507,870 $ $ $ 4.40 Job 200 was completed during the month and used the following resources: Department 1 86 390 Direct labor-hours Machine-hours Direct materials Direct labor cost Unit 200 2 132 66 1,240 970 $ $ 940 690 $ $ 0 o Required: 1. Compute the predetermined overhead rates used in Department 1 and Department 2. 2. Compute the total overhead cost applied to Job 200. 3-a. What would be the total manufacturing cost recorded for Job 200? 3-b. If the job contained 38 units, what would be the unit product cost

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