TB MC Qu. 15-113 (Algo) Kayak Company uses a job order costing...

Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $33,000; direct materials, $53,000; and factory overhead applied $6,300. The predetermined overhead rate was:

Multiple Choice

• 5.24%.

• 11.89%.

• 19.09%.

• 523.81%.

• 16.06%.

TB MC Qu. 15-160 (Algo) Copy Center pays an average wage...

Copy Center pays an average wage of $13 per hour to employees for printing and copying jobs and allocates $18 of overhead for each employee hour worked. Direct materials are assigned to each job according to actual cost. Jobs are marked up 15% above total manufacturing cost to determine the selling price. If Job M-47 used $355 of direct materials and took 20 direct hours of labor to complete, what is the selling price of the job?

Multiple Choice

• $822.

• $1,121.

• $1,006.

• $713.

• $707.