Question

ch 2 quz 을 https:// 2 quiz 7 Beat Corporation uses a job-order costing system.. with a single plantwide predetermined overhead rate based on machine-hours. The company based its predètermined overheed rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 3.90 40,000 $344,000 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead ap intermediate calculations to 2 decimal places.) $750 < Prev 7of 10 İİİ Next >

Answer 1

Variable overhead for Job no M759

= no. of  machine hours for job no M759 X Variable manufacturing overhead per machine hour

= 60 machine hours X 3.90 = $ 234

Fixed overhead for Job M759

= (Fixed manufacturing overhead cost / total machine hours ) * No of machine hours for job M759

= (344,000 / 40000) * 60 = $ 516

The amount of  overhead applied to Job no M759 = Variable overhead + Fixed overhead

= $ 234 + $ 516

The amount of  overhead applied to Job no M759 = $ 750