solved:Question Description Job 127 was started on April 1 and com

  

Question Description Job 127 was started on April 1 and completed… Question DescriptionJob 127 was started on April 1 and completed on May 12 The companys cost records show the following information concerning the job Department Preparation Fabrication Machinehours 330 72 Direct laborhours 77 130 Direct materials cost 940 1240 Direct labor cost 690 1010 Required 1 Compute the predetermined overhead rate used during the year in the Preparation Department Compute the rate used in the Fabrication Department Round your answers to 2 decimal places 2 Compute the total overhead costBusinessAccounting