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Bolander 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
Bolander 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 | 70,000 | |
Total fixed manufacturing overhead cost | $ | 294,000 |
Variable manufacturing overhead per machine-hour | $ | 2.30 |
Recently, Job M825 was completed with the following characteristics:
Number of units in the job | 20 | |
Total machine-hours | 80 | |
Direct materials | $ | 665 |
Direct labor cost | $ | 1,840 |
The total job cost for Job M825 is closest to: (Round your intermediate calculations to 2 decimal places.)
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$2,505
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$3,025
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$1,185
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$2,360
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