Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
JadeDeLair JadeDeLair
wrote...
Posts: 126
Rep: 0 0
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
Authors:
Read 69 times
1 Reply
Replies
Answer verified by a subject expert
jbeejbee
wrote...
Posts: 131
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

JadeDeLair Author
wrote...

A year ago
Brilliant
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1094 People Browsing
 101 Signed Up Today
Related Images
  
 243
  
 676
  
 300