Question
93. Smith and Jones charged Job 110 with $11,000 of direct materials and $12,500 of direct labor. Allocation for manufacturing overhead is 85% of direct
93. Smith and Jones charged Job 110 with $11,000 of direct materials and $12,500 of direct labor. Allocation for manufacturing overhead is 85% of direct labor costs. What is the total cost of Job 110?
|
| a. | $21,625 |
|
| b. | $22,500 |
|
| c. | $20,625 |
|
| d. | $34,125 |
101. An estimated manufacturing overhead rate computed at the beginning of the year is a:
|
| a. | actual manufacturing overhead rate |
|
| b. | predetermined manufacturing overhead rate |
|
| c. | cost driver |
|
| d. | cost allocation |
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Governmental Accounting
Authors: Steven M. Bragg
2022nd Edition
1642210781, 978-1642210781
