#8

Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to c overhead rates: alculate predetermined Estimated total machine-hours (MHs) Molding Finishing Total 1,000 Estimated total fixed manufacturing overhead cost S 19,600 s 2,400 5,000 22,000 4,000 Estimated variable manufacturing overhead cost $ 1.10 . per MH S 2.10 During the most recent month, the company started and completed two jobs-Job A and Job M. There were no beginning inventories. Data conceming those two jobs follow: Job A Job M Direct materials Direct labor cost Molding machine-hours Finishing machine-hours S 13,600 7,500 20,700 7,400 1,300 600 2,700 400 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: A) $7,500 B) $10,830 C) $25,730 D) $7,400 8) 8) /Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 40,000 $96,000 $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 755 S 4,00 The total job cost for Job P951 is closest to: A) $4,540 B) $5,295 C) $4,755 D) $1,295