Question
258. Whitlatch 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
258. Whitlatch 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: Total machine-hours 60,000 Total fixed manufacturing overhead cost $342,000 Variable manufacturing overhead per machine-hour $2.70 Recently Job M238 was completed with the following characteristics: Number of units in the job 70 Total machine-hours 140 Direct materials $945 Direct labor cost $2,800 Required: Calculate the total job cost for Job M238. 258. Whitlatch 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: Total machine-hours 60,000 Total fixed manufacturing overhead cost $342,000 Variable manufacturing overhead per machine-hour $2.70 Recently Job M238 was completed with the following characteristics: Number of units in the job 70 Total machine-hours 140 Direct materials $945 Direct labor cost $2,800 Required: Calculate the total job cost for Job M238.
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