Can some one help me please 3 Hahn Company uses a job-order costing system. Its
ID: 2557945 • Letter: C
Question
Can some one help me please
3 Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $14.00 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 57,600 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below points Job Alpha Direct materials Direct labor Manufacturing overhead appli Total job cost ed eBook 1,638,000 Hint Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost $ 218,300 331,800 165,900 716,000 Print Required: 1. Calculate the plantwide predetermined overhead rate 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Required 1Required 2 Complete the job cost sheet for Job Alpha. (Round your intermediate calculations to 2 decimal places.) Direct materials Direct labor Manufacturing overhead applied Total job cost Required 1 Required2Explanation / Answer
Answer 1. Direct Labor Hours - Omega = $331,800 (Direct Labor) / $14 per Hour (Direct Labour Rate per hour) Direct Labor Hours - Omega = 23,700 hours Predetermined Overhead Rate = $165,900 (Applied Manufacturing Overhed) / 23,700 (Direct Labor Hours) Predetermined Overhead Rate = $7 per DLH Answer 2. Job Cost Sheet - Job Alpha Direct Material - $1,638,000 - ($806,400 + $403,200) 428,400.00 Direct Labor - 57,600 hrs X $14 806,400.00 Manufacturing Overhead applied - 57,600 hrs X $7 403,200.00 Total Job Cost 1,638,000.00