Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at...
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Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Estimated total machine-hours (MHS) 6,500 Estimated total fixed manufacturing overhead cost $ 20,000 Estimated variable manufacturing overhead cost per $ 2.50 MH Finishing 3,500 $5,000 $ 5.00 Tota 10,000 $25,000 During the most recent month, the company started and completed two jobs --Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job A $ 16,800 $23,500 2,500 2,500 Job M $10,100 $10,400 4,000 1,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine- hours. The total manufacturing cost assigned to Job M is closest to: (Round "Predetermined overhead rate" to 2 decimal places.) Multiple Choice 0 $29.400 O $10,100 0 $49,900
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