Question
Lasting Manufacturing uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate
Lasting Manufacturing 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 Total fixed manufacturing overhead cost 30,400 $425,600 Variable manufacturing overhead per machine-hour $ 5 Job 1489 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 20 Direct materials Direct labor cost $ 590 $1,180 The total job cost for Job 1489 is closest to: (Round your intermediate calculations to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started