1. A unit product cost includes:

Multiple Choice

• Actual nonmanufacturing cost allocated to the job.

• Estimated nonmanufacturing cost allocated to the job.

• Actual direct labor cost used by the job.

• Actual manufacturing overhead cost used by the job.

2. A unit product cost is calculated by:

Multiple Choice

• Dividing the total nonmanufacturing costs assigned to a job by the total number of units contained in the job.

• Dividing the total manufacturing costs assigned to a job by the total number of units contained in the job.

• Dividing the total manufacturing and nonmanufacturing costs assigned to a job by the total number of units contained in the job.

• Dividing the total nonmanufacturing costs and normal costs assigned to job by the total number of units contained in the job.

3. Assume the job cost sheet for Job X shows that (1) it used 18 direct labor-hours, (2) it incurred direct materials charges of $500, and (3) its total job cost is $1,094. If the plantwide predetermined overhead rate per direct labor-hour is $13.00, then how much direct labor cost was charged to Job X?

Multiple Choice

• $360

• $594

• $234

• $581

4. At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the periods estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.50 per direct labor-hour. The company incurred actual manufacturing overhead costs of $180,000 and it actually worked 20,000 direct labor-hours during the period. Assume that Job X used 16 direct labor-hours. How much manufacturing overhead would be applied to Job X?

Multiple Choice

• $166

• $154

• $144

• $136