Question

The unit product cost for Job M843 is closest to: (Round your intermediate calculations to 2 decimal places.) a) $33.75 b) $67.50 c) $27.50 d) $50.50 8. Placker Corte based on machtal fixed ma 8. Placker 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 $155.000, variable manufacturing overhead of $3.40 per machine-hour, and 50,000 machine-hours. Recently Job A881 was completed with the following characteristics: Total machine-hours Direct materials Direct labor cost $ $ 100 645 2,300 The total job cost for Job A881 is closest to: (Round your intermediate calculations to 2 decimal places.) a) $3,595 b) $2,945 c) $2,950 d) $1,295

Answer 1

Predetermined overhead rate
Fixed MOH		(155,000/50,000)=			3.1
VMOH					3.4
Predetermined overhead rate					6.5	per machine hour
Direct Materials cost				645
Direct labor cost				2,300
OH applied     (6.5*100)				650
Total job cost				3595	answer
Answer)
option a	3,595