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# Exercise 2-9 (Algo) Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3] Taveras Corporation is currently operating...

## Question

###### Exercise 2-9 (Algo) Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3] Taveras Corporation is currently operating...

Exercise 2-9 (Algo) Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3]

Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:

 Machine-hours required to support estimated production 250,000 Fixed manufacturing overhead cost \$ 6,000,000 Variable manufacturing overhead cost per machine-hour \$ 2.00

Required:

1. Compute the plantwide predetermined overhead rate.

2. During the year, Job P90 was started, completed, and sold to the customer for \$4,200. The following information was available with respect to this job:

 Direct materials \$ 1,932 Direct labor cost \$ 1,386 Machine-hours used 89

Compute the total manufacturing cost assigned to Job P90.

Required 1: Compute the plantwide predetermined overhead rate.

Required 2: Compute the total manufacturing cost assigned to Job P90.

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