Question

Which of the following would usually be found on a job cost sheet under a normal costing system? Multiple Choice budgeted dir

Multiple Choice 0 labor cost of production supervisors 0 insurance on production machinery 0 cost of delivering finished good

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

o $98.40 o $232.00 o $344.40 o $310.80

Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products us

The manufacturing overhead that would be applied to a unit of product MO9K under the activity-based costing system is closest

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Answer #1
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Actual direct material costs, Actual direct labor costs and applied factory overhead costs.
For second multiple choice answers the question is not provided so I cannot answer.
Lupo Corporation
Calculation of Predetermined OH Rate Amount $ Note
Total Machine Hours     30,900.00 A
Fixed Manufacturing overhead 154,500.00 B
Predetermined OH Rate               5.00 C=B/A
Calculation of overhead applied to Job T687
Machine hours used             30.00 D
Predetermined OH Rate- Fixed               5.00
Variable OH Rate               3.00
Total OH Rate per hour               8.00
Manufacturing overhead cost          240.00 H=C*D
Cost of Job T687
Direct material          740.00
Direct Labor cost       1,480.00 See F
Manufacturing overhead cost          240.00 See H
Cost of Job T687       2,460.00
Number of units             10.00
Cost per unit          246.00
Markup by 40%             98.40
Sell price per unit          344.40
So answer is option C $ 344.40.
Look manufacturing Corporation
Calculation of ABC rates for overhead A B C=B/A
Activity cost pool Cost Driver Cost Activity ABC rates
Supporting direct labor Direct Labor hours       441,660.00 25,980.00             17.00
Setting up machines Number of Setups       376,740.00     2,691.00           140.00
Parts administration Part Types       475,764.00        967.00           492.00
Total Cost assigned 1,294,164.00
See C D D=C*D
Allocation table Product M09K
Activity cost pool Cost Driver ABC Rates Activity used Cost assigned
Supporting direct labor Direct Labor hours                 17.00 16,100.00 273,700.00
Setting up machines Number of Setups               140.00        971.00 135,940.00
Parts administration Part Types               492.00        332.00 163,344.00
Total Cost assigned 572,984.00 E
Number of units      16,100.00 F
Overhead cost per unit             35.59 G=E/F
So answer is option D $ 35.59.
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