(Answered) Question - in december 2014 shire computers management

Accounting

Question - 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 $817,600 of overhead costs and $560,000 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.

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