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The following data have been recorded for recently completed Job 450 on its job cost sheet Direct materials cost was $2,056. A total of 34

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The following data have been recorded for recently completed Job 450 on its job cost sheet Direct materials cost was $2,056. A total of 34 direct labor. hours and 257 machine hours were worked on the job. The direct labor wage rate is $14 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $21 per machine-hour. The total cost for the job on its job cost sheet would be: Mutiple Choice $10,074 $7,929 55,304 \$4. 385 Giannitt Corporation bases its predetermined overheed rate on the estimated machine-hours for the upcoming year. Dota for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $6.79 permochine-hour $960 ser machine-hour $1474 per machune hour 9867 por machine hour

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