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roblem 1: Job Order Costing #60-62 Browning Company uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based

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roblem 1: Job Order Costing #60-62 Browning Company uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on the use of machine hours. Selected information from the current year's operating budget is as follows: *manufacturing overhead: $450,000 *direct labor hours: 15,000 hours *machine hours: 25,000 hours In November, Job #A15 was completed. Actual direct materials cost for the job totaled $12,000. There were 700 actual labor hours worked on the job at a rate of $15.00 per hour. There were 650 machine hours used for Job #A15. The company sold the 200 units produced from this job at an average selling price of $400 per unit. Question 60 (1.25 points) The total product cost that appears on the job cost sheet is O none of these $35,100 O $11,700 $34,200 $22,500 Question 61 (1.25 points) For this question, assume that your answer to question #52 above is $50,000. Determine the gross profit rate earned from the sale of all units manufactured in Job #A15: 62.5% Onone of these 42.9% 37.5% 45.5%

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