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Assume a company started and completed numerous jobs during July-two of which were Job Y...

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Accounting

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Assume a company started and completed numerous jobs during July-two of which were Job Y and Job Z. The company uses two departmental predetermined overhead rates. The rate in the Machining Department is based on machine hours and the rate in the Assembly Department is based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z: Machining $ 48,000 $ 1.50 Assembly $ 30,000 $ 2.00 12,000 10,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Estimated variable manufacturing overhead per direct labor-hour Estimated total machine hours to be used Estimated total direct labor hours to be worked Machining Assembly Joby Machine hours 50 Direct labor hours 30 Job z Machine hours Direct labor-hours 60 How much total manufacturing overhead is applied to Job Zftom both departments 10 O $520 O $540 ( ) $560 $580

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