Bolander 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 dа ta:
Total machine-hours 70,000
Total fixed manufacturing overhead cost $294,000
Variable manufacturing overhead per machine-hour $2.30
Recently, Job M825 was completed with the following characteristics:
Number of units in the job 20
Total machine-hours 80
Direct materials $665
Direct labor cost $1,840
The predetermined overhead rate is closest to:
a. $8.80 per machine-hour
b. $6.50 per machine-hour
c. $2.30 per machine-hour
d. $4.20 per machine-hour
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
On January 1, 2016, Alpha Corporation had 100,000 shares of common stock outstanding. On April 15, the board declared a $0.30 per share dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15.
Answers (1)
Evaluate this statement: "If the yield of two bonds having equal maturity changes the same amount, the price of the lower coupon bond will change more than the price of the higher coupon bond." (True, false, or maybe?) Explain your answer.
Answers (1)
Fizzy Corporation uses the equity method to account for its 25% investment in Organic Juices Company, for which it paid $10 million in excess of its share of Organic Juices' book value five years ago.
Answers (1)
A Regional Sales Manager's (RSM) direct reports are frequently added as sales team members for other sales representatives' opportunities.
Answers (1)
or False: The following statement accurately describes how firms make decisions related to issuing new common stock. Taking flotation costs into account will reduce the cost of new common stock.
Answers (1)
New Questions in Business
According to Debra, the vice president of Theo Chocolate, the most important marketing vehicle the company has is: a. the fair trade certification. b. free product giveaways. c. tours of its factories. d. the unique varieties of chocolates it offers.
Answers (1)
A country that exports less than it imports will end up having to borrow money True or False if false why?
Answers (1)
A client's condition has resulted in a decrease in work demands of most cells in the body. Which change within the cell will likely result from this decrease in work?
Answers (1)
At the scene of the crime, the evidence collector found a damp, bloody shirt. the evidence collector quickly wrapped the shirt in a paper bindle. he inserted the paper bindle with the shirt into an evidence bag.
Answers (1)
What may managers rely on to decide if they'd like to interview a candidate in person?
Answers (1)