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Lola1 Lola1
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A year ago

Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department’s predetermined overhead rate is based on machine-hours and the Finishing Department’s predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

MachiningFinishing
Machine-hours19,00012,000
Direct labor-hours2,0008,000
Total fixed manufacturing overhead cost$ 136,800$ 69,600
Variable manufacturing overhead per machine-hour$ 1.80
Variable manufacturing overhead per direct labor-hour$ 3.20

During the current month the company started and finished Job K928. The following data were recorded for this job:

Job K928:MachiningFinishing
Machine-hours9010
Direct labor-hours3050
Direct materials$ 775$ 415
Direct labor cost$ 630$ 1,050

The total amount of overhead applied in both departments to Job K928 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $1,405

▸ $2,000

$810



▸ $595
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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nguyenphuc1990nguyenphuc1990
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Lola1 Author
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Thanks
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this is exactly what I needed
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Smart ... Thanks!
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