Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

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Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-ho

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Answer 1

Answer #1

OH rate per MH
Fixed H per MH (288600/39000)	$ 7.4
Variable OH per MH	$ 2.6
OH rate per MH	$ 10.0

Unit product cost:
Material cost	$ 830.0
Labor cost	$ 1,660.0
OH (80 MH @ $10)	$ 800.0
Total cost	$ 3,290.0
Divide: Units	20
Unit product cost:	$ 164.5

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Answer 2

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