placker corporation uses a job-order costing system with a single, plantwide, predetermined overhead rate based...
70.2K
Verified Solution
Link Copied!
Question
Accounting
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 a 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: 100 Direct materials: $645 Direct labor cost: $2,300 The total job cost for Job A881 is closest to Question 4 options: $1,295. $2,950. $3,595. $2,945
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
