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E) Lueckenhoff Corporation uses & job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its
E) Lueckenhoff Corporation uses & 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 $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed. Number of units in the job Total direct labor-hours Direct materials Direct labor cost 40 The estimated total manufacturing overhead is closest tor A) $665 000 B) $497,002 D) $168.000
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