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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 $734, 400 of overhead costs and $510,000 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.)

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92588162

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