Question: pter 2 Quiz i Saved Help Save & Exit Submit venner Corporation uses a job-order costing system with a single plantwide predetermined overnead rate based

 pter 2 Quiz i Saved Help Save & Exit Submit venner

pter 2 Quiz i Saved Help Save & Exit Submit venner Corporation uses a job-order costing system with a single plantwide predetermined overnead rate based on direct labor-nours. I ne company based its predetermined overhead rate for the current year on the following data: 7 Total direct labor-hours 40, 000 Total fixed manufacturing overhead cost $ 96, 000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 100 Direct materials $ 755 Direct labor cost $ 4,000 The total job cost for Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $4,540 $4,755 $1,295 $5 295

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!