Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate

Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:

Total direct labor-hours 70,000 Total estimated manufacturing overhead cost $ 658,000

Recently, Job K913 was completed with the following characteristics:

Total direct labor-hours 150 Direct materials $ 705 Direct labor cost $ 4,650

The total job cost for Job K913 is closest to: (Round your intermediate calculations to 2 decimal places.)

Group of answer choices

$5,355

$6,765

$2,115

$6,060

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Fundamentals

Authors: Marlene Davies, John Aston

1st Edition

0273711733, 978-0273711735

More Books

Students also viewed these Accounting questions

Question

What are the salient product features of CFD?

Answered: 1 week ago