Question
Kostelnik 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
Kostelnik 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 total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job | 20 |
---|---|
Total machine-hours | 80 |
Direct materials | $ 500 |
Direct labor cost | $2,160 |
The amount of overhead applied to Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)
$312 | ||
$1,256 | ||
$632 | ||
$944 |
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