Please I need help with the errors( red color) In December 2014. Shire Computer\

Question

Please I need help with the errors( red color)

In December 2014. Shire Computer's management establishes the 2015 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $894,000 of overhead costs and $600,000 of direct labor cost in year 2015. During March 2015. Shire began and completed Job No. 13-56. 1. What is the predetermined overhead rate for year 2015? 2. Compute the job cost sheet. (Round your answer to the nearest dollar amount.)

Explanation / Answer

Solution-

Direct Material Direct Labor Calculation Overhead total cost total cost 8-Mar 3000 660 660*149% 983 3000+660+983.4        4,643.40 11-Mar 6750 1330 1330*149% 1982 6750+1330+1982      10,062.00 18-Mar 3300 1330 1330*149% 1982 3300+1330+1982        6,612.00 Total $        13,050.00 $    3,320.00 $ 4,947.40 $ 21,317.40

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---