Homework Answers
| Direct Material | $500 |
| Direct labor | 2160 |
| Variable overhead (3.90*80) | 312 |
| Fixed overhead (237000/30000*80) | 632 |
| Total cost | $3,604 |
| Total units | 20 |
| Unit product cost | $180.20 |
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Kostein Corporation uses a job-order costing system with a single planwide predetermined overhead rate based on...
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine- 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 80,000 $312,000 $ 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job Total machine-hours 50 200 The predetermined overhead rate is closest to: Multiple Choice o $8.10...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 40,000 $344,000 $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to (Round your intermediate calculations to 2 decimal places.) Multiple Choice $516 $984...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 40,000 Total fixed manufacturing overhead cost $ 344,000 Variable manufacturing overhead per machine-hour $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.) Garrison 16e Rechecks...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 31,000 $310,000 $ 4.00 Recently, Job T587 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 730 $1,460 The total job cost...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on machine 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 30,900 $154,500 $ 3.80 Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,000 Total fixed manufacturing overhead cost $ 252,000 Variable manufacturing overhead per machine-hour $ 2.10 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials $ 675 Direct labor cost $ 1,050 The amount of...
Panther Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Panther Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $3.20 per machine- hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: Number of units in 20 the job Total machine-hours 80 Direct materials $940 Direct labor cost $2,240 The total...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. TH 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 31,800 $159,090 Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost $ 660 $1,320 The unit product cost for Job T687 is...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 31,000 $310,000 $4.00 Recently, Job T687 was completed with the following characteristics: 10 30 Number of units in the job Total machine-hours Direct materials Direct labor cost $730 $1,460 The amount of overhead applied to Job...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 32,300 Total fixed manufacturing overhead cost $ 581,400 Variable manufacturing overhead per machine-hour $ 2.00 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 40 Direct materials $ 630 Direct labor cost $ 1,260 The amount of...
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine- 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 80,000 $312,000 $ 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job Total machine-hours 50 200 The predetermined overhead rate is closest to: Multiple Choice o $8.10...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 40,000 $344,000 $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to (Round your intermediate calculations to 2 decimal places.) Multiple Choice $516 $984...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 31,000 $310,000 $ 4.00 Recently, Job T587 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 730 $1,460 The total job cost...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on machine 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 30,900 $154,500 $ 3.80 Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of...
Panther Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $3.20 per machine- hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: Number of units in 20 the job Total machine-hours 80 Direct materials $940 Direct labor cost $2,240 The total...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. TH 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 31,800 $159,090 Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost $ 660 $1,320 The unit product cost for Job T687 is...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-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 31,000 $310,000 $4.00 Recently, Job T687 was completed with the following characteristics: 10 30 Number of units in the job Total machine-hours Direct materials Direct labor cost $730 $1,460 The amount of overhead applied to Job...
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