Business, 18.09.2019 05:00 minionsomg1
Spang 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 20,000
total fixed manufacturing overhead cost $ 176,000
variable manufacturing overhead per machine-hour $ 2.20
recently, job p505 was completed with the following characteristics:
total machine-hours 200 direct materials $ 540
direct labor cost $ 7,200
the total job cost for job p505 is closest to:
a) $9,400
b) $9,940
c) $7,740
d) $2,740
Answers: 2
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