SHIBA 13) Thach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-bours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of S665,000, variable manufacturing overhead of$3.00 per machine-hour, and 70,000 machine-hours. Recently, Job T321 was completed with the following characteristics: Number of units in the job Total machine-hours 30 90 Direct materials 630 $ 2,880 Direct labor cost The unit product cost for Job T321 is closest to: A) $51.50 B) $58.50 D) $154.50 C) SI17.00 14) Sutter Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machinee-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 10,000 S 35,000 2.20 Recently, Job T369 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 10 40 750 $ 1.560 If the company marks up its unit product costs by 20% then the selling price for a unit in Job T369 is closest to: D) $324.56 C) $277.20 B) $50.76 A) $304.56 15) Advertising costs should NOT be charged to the Manufacturing Overhead account. B) False B) True 16) In a job-order costing system, indirect labor cost is usually recorded as a debit to: A) Work in Process. C) Finished Goods. B) Manufacturing Overhead. D) Cost of Goods Sold. 17) Under a job-order costing system, the dollar amount transferred from Work in Process to Finished Goods is the sum of the costs charged to all jobs: A) started in process during the period. C) completed during the period. B) in process during the period. D) completed and sold during the period