For All Chaptersà[email protected]143)Lupo Corporation uses a job-order costing system with a single plantwide predeterminedoverhead rate based on machine-hours. The company based its predetermined overhead rate forthe current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$ 2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$ 675Direct labor cost$1,050The predetermined overhead rate is closest to:A)$12.60 per machine-hourB)$10.50 per machine-hourC)$8.40 per machine-hourD)$2.10 per machine-hour144)Lupo Corporation uses a job-order costing system with a single plantwide predeterminedoverhead rate based on machine-hours. The company based its predetermined overhead rate forthe current year on the following data:Total machine-hours30,300Total fixed manufacturing overhead cost$575,700Variable manufacturing overhead per machine-hour$4Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$730Direct labor cost$1,460The amount of overhead applied to Job T687 is closest to:(Round your intermediatecalculations to 2 decimal places.)Version 172Downloaded by Reda Achahboune ([email protected])lOMoARcPSD|10254358
For All Chaptersà[email protected]A)$690.00B)$575.70C)$805.20D)$138.00145)Lupo Corporation uses a job-order costing system with a single plantwide predeterminedoverhead rate based on machine-hours. The company based its predetermined overhead rate forthe current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$ 2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$ 675Direct labor cost$1,050The amount of overhead applied to Job T687 is closest to:(Round your intermediatecalculations to 2 decimal places.)A)$315B)$252C)$378D)$63146)Lupo Corporation uses a job-order costing system with a single plantwide predeterminedoverhead rate based on machine-hours. The company based its predetermined overhead rate forthe current year on the following data:Total machine-hours31,000Total fixed manufacturing overhead cost$310,000Variable manufacturing overhead per machine-hour$ 4Version 173Downloaded by Reda Achahboune ([email protected])lOMoARcPSD|10254358
For All Chaptersà[email protected]Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$ 730Direct labor cost$1,460The total job cost for Job T687 is closest to:(Round your intermediate calculations to 2decimal places.)A)$1,880B)$2,190C)$1,150D)$2,610147)Lupo Corporation uses a job-order costing system with a single plantwide predeterminedoverhead rate based on machine-hours. The company based its predetermined overhead rate forthe current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$ 2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$ 675Direct labor cost$1,050The total job cost for Job T687 is closest to:(Round your intermediate calculations to 2decimal places.)A)$1,365B)$1,725C)$990D)$2,040Version 174Downloaded by Reda Achahboune ([email protected])
Upload your study docs or become a
Course Hero member to access this document
Upload your study docs or become a
Course Hero member to access this document
End of preview. Want to read all 172 pages?
Upload your study docs or become a
Course Hero member to access this document
Term
Spring
Professor
hooreman
Tags
Reda Achahboune