Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Decorte 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

image text in transcribed

Decorte 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 Recently, Job K332 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 70 140 $ 455 $ 5,320 10,000 $ 33,000 $ 2.50 The amount of overhead applied to Job K332 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $812 $350 5462 $1362 Decorte 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 Recently, Job K332 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 70 140 $ 455 $ 5,320 10,000 $ 33,000 $ 2.50 The amount of overhead applied to Job K332 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $812 $350 5462 $1362

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What is Larmors formula? Explain with a suitable example.

Answered: 1 week ago

Question

What is business portfolio analysis? LO.1

Answered: 1 week ago