Question
In: Accounting
Brown Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Brown 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 $234,000, variable manufacturing overhead of $2.60 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job Z500 which was recently completed:
|
Number of units in the job |
20 |
|
Total machine-hours |
80 |
|
Direct materials |
$790 |
|
Direct labor cost |
$1,580 |
If the company marks up its unit product costs by 20% then what is the selling price for a unit in Job Z500?
Solutions
ekkarill92 answered 1 year agoRelated Solutions
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
32,700
Total fixed manufacturing overhead cost
$294,300
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
20
Direct materials
$ 545
Direct labor cost
$1,090
If the company marks up...
Gerstein Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Gerstein Corporation uses a job-order costing system with a
single plantwide predetermined overhead rate based on direct
labor-hours. The company based its predetermined overhead rate for
the current year on total fixed manufacturing overhead cost of
$90,000, variable manufacturing overhead of $3.70 per direct
labor-hour, and 50,000 direct labor-hours. The company recently
completed Job M800 which required 150 direct labor-hours.
The estimated total manufacturing overhead is closest to:
Multiple Choice
$90,000
$275,000
$185,000
$90,004
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
If the company...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single
plantwide predetermined overhead rate based on direct labor-hours.
The company based its predetermined overhead rate for the current
year on the following data:
Total direct labor-hours
78,000
Total fixed manufacturing overhead cost
$
460,200
Variable manufacturing overhead per direct labor-hour
$
5.00
Recently, Job P951 was completed with the following
characteristics:
Number of units in the job
50
Total direct labor-hours
100
Direct materials
$
710
Direct labor cost
$...
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
80,000 Total fixed manufacturing overhead cost $ 312,000 Variable
manufacturing overhead per machine-hour $ 2.10 Recently, Job T629
was completed with the following characteristics: Number of units
in the job 50 Total machine-hours 200 The estimated total
manufacturing overhead is closest to what?
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
32,000
Total fixed manufacturing overhead cost
$
352,000
Variable manufacturing overhead per machine-hour
$
3.00
Recently, Job T687 was completed with the following
characteristics:
Number of units in the job
10
Total machine-hours
40
Direct materials
$
675
Direct labor cost
$
1,350
If the company...
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
32,800
Total fixed
manufacturing overhead cost
$
164,000
Variable
manufacturing overhead per machine-hour
$
5
Recently, Job T687 was
completed with the following characteristics:
Number
of units in the job
10
Total
machine-hours
30
Direct
materials
$
745
Direct labor
cost
$
1,490
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
30,400
Total fixed manufacturing overhead cost
$
425,600
Variable manufacturing overhead per machine-hour
$
5.00
Recently, Job T687 was completed with the following
characteristics:
Number of units in the job
10
Total machine-hours
20
Direct materials
$
590
Direct labor cost
$
1,180
If the company...
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 31,200 Total fixed
manufacturing overhead cost $ 156,000 Variable manufacturing
overhead per machine-hour $ 3.00 Recently, Job T687 was completed
with the following characteristics: Number of units in the job 10
Total machine-hours 30 Direct materials $ 665 Direct labor cost $
1,330 If the company...
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
30,700
Total fixed manufacturing overhead
cost
$
337,700
Variable manufacturing overhead per
machine-hour
$
4
Recently, Job T687 was completed with the following
characteristics:
Number of units in the
job
10
Total machine-hours
20
Direct materials
$
575
Direct labor cost
$
1,150
The unit product...
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