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Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated tatal mach ne-hours (HHS ! Estimated tatal fixed manufacturing overhead cost Est mated variable manufacturing overhead cost pe NH Meld ng 3,250 $ 13,000 Finishing 1.750 $ 4.400 $ Tota 5.000 $ 17,400 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Holding rachino-hours Finishing machine-hours $16,000 $22.700 1.250 1.250 Job S9.400 89.700 2. DO 500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round "Predetermined overhead rate" to 2 decimal places.) Multiple Choice 59,700 $9,400 $18.825 $37.925
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