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1. 2. 3. 4 5 disregard 5 Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of
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Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the y calculate predetermined overhead rates: MoldingFinishing 6,500 Total Estimated total machine-hours (MHs) Estimated total fixed manufacturing overhead cost $30,000 $ 4,600 34,600 Estimated variable manufacturing overhead cost per $1.00$ 2.00 10,000 3,500 MH During the most recent month, the company started and completed two jobs-Job A and Job M. There were no beginning inventories. Data conce those two jobs follow Job AJob N 16,400 9,700 $23,100 $10,100 Direct materials Direct labor cost Molding machine-hours 2,500 4,000 Pinishing machine-hours 2,500 ,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate bsed on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round "Predetermined overhead rate to 2 decimal places.) Multiple Choice $24,050 $10100 Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based Its predetermined overhead rate for the current year on the following data: 31,000 $310,000 Total nachine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-4.00 hour Recently, Job T687 was completed with the following characteristics: Number of units in the 10 job Total machine-hours 30 $730 $1,460 Direet materials Direct labor cost The amount of overhead applied to Job T687 is closest to: Multiple Choice $42000 $310.00 Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $413,400, variable manufacturing overhead of $2.80 per machine-hour, and 53,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed: Number of units in the job Total machine-hours Direct materials 10 80 $ 820 $1,640 Direct labor cost The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places) Multiple Choice $24600 30.75 $4135 $330.80 $16,400 9,700 $23,100 $10,100 2,500 Direct materials Direct labor cost 4,000 Molding machine-hours Finishing machine-hours 2,500 1,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturin assigned to Job M is closest to: (Round "Predetermined ovrhead rate" to 2 decimal places.) Multiple Choice $24,050 $10,100 43,850 $9,700 Number of units in the 10 job Total machine-hours 30 $ 730 Direct materials Direct labor cost $1,460 The amount of overhead applied to Job T687 is closest to: " Multiple Choice $420.00 $310.00 $524.40 $84.00 10 umber of units in the job Total machine-hours Direct materials 30 $730 Direct labor cost $1,460 The unit product cost for Job T687 is closest to: Multiple Choice $115.00 $87.00 $219.00 $261.00 Total machine-hours Direct materials 80 $ 820 $1,640 Direct labor cost The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Cholce $246.00 $30.75 $4135 $41.35 $330.80 KPre 10 of 20E Next Machine-hours Direct labor-hours 50 30 40 30 710 $ 520 s 160 $480 Direct materials Direct labor cost If the company marks up its manufacturing costs by 20% then the selling price for Job A319 would be closest to to 2 decimal places.) Round your intermediate calculations Multiple Choice $3.370 2,808 $2,340 $468 Step by Step Solution
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