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Beans 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

Beans 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 total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:

Number of units in the job 10
Total direct labor-hours 50
Direct materials $ 920
Direct labor cost $ 1,400

The total job cost for Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)

  • $2,320

  • $1,675

  • $2,595

  • $1,195

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