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Liam 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

Liam 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

50,000

Total fixed manufacturing overhead cost

$ 460,000

Variable manufacturing overhead per machine-hour

$ 3.10

Recently Job P647 was completed with the following characteristics:

Number of units in the job

50

Total machine-hours

150

Direct materials

$ 740

Direct labor cost

$ 6,000

Required: a. Calculate the amount of overhead applied to Job P647. b. Calculate the total job cost for Job P647. c. Calculate the unit product cost for Job P647.

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