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White Company has two departments, Cutting and Finishing. The company uses a job-order costing system...

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Accounting

White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a
predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing
Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates:
Required:
Compute the predetermined overhead rate for each department.
The job cost sheet for Job 203, which was started and completed during the year, showed the following:
Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job
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