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": Week 3: Chapters 4 and 6 Liezto.mheducation.com/hm.tpx Quiz Ch 3 You've signed out. See yo X f ::Apps M Watch movies online 0 YouTube G Google Google Translate -Electronics Cars, Fash Bank PCCC News 3 NBA.com N Netflix eChe gg.com Other bookmarks Percy Magallanes BA 213 Principles of Accounting III- Managerial Accounting: BA 213 Managerial Accounting ACCOUNTING pring 2016 CRN 203 Quiz Ch 3 instructions I help Question 6 (of 6) Save & Exit Submit Time remaining: 2:4814 6 Snappy Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Manufacturing overhead cost and direct labor hours were estimated at $108,000 and 45,000 hours, respectively, for the year. In July. Job #334 was completed at a cost of $3,050 in direct materials and $2,500 in direct labor. The labor rate is $5 per hour. By the end of the year, Snappy had worked a total of 51,000 direct labor-hours and had incurred $118,950 actual manufacturing overhead cost lf Job #334 contained 150 units, the unit product cost on the completed job cost sheet would be: (Round intermediate calculations to 2 decimal places.) $42.50 O $40.00 O $44.90 $45.00 ! 3:04 PM 4/17/2016 I'm Cortana. Ask me anything )Explanation / Answer
Answer 6. $44.90
Answer 2. Predetermine overhead rate 104720/3400= 30.80
Manufacturing overhead for the year 30.80*3200= $98560
Answer 3 :- cradit of raw material = $ 31400+74700= $106100
Answer 4 :- $ 5490 overapplied
Answer 5 :- inventory balace in july = $ 4482
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