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Home Q & A Board Other Fields Homework Help Business Accounting
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JadeDeLair JadeDeLair
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A year ago

Spang 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 data:

Total machine-hours20,000
Total fixed manufacturing overhead cost$ 176,000
Variable manufacturing overhead per machine-hour$ 2.20

Recently, Job P505 was completed with the following characteristics:

Total machine-hours200
Direct materials$ 540
Direct labor cost$ 7,200

The amount of overhead applied to Job P505 is closest to:



▸ $2,200

▸ $1,760

▸ $2,640

▸ $440
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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jbeejbee
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A year ago
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JadeDeLair Author
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A year ago
Good timing, thanks!
prime7105
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
Marcie D
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2 hours ago
Thanks
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