Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The compary manufactures tools to customer specifications. The following data pertain to Job 1501: Direct materials used $4,200 Direct labor-hours worked 300 Direct labor rate per hour $8.00 Machine-hours used 200 Predetermined overhead rate per machine-hour $15.00 .... . What is the total manufacturing cost recorded on Job 1501?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company
manufactures tools to customer specifications. The following data pertain to Job 1501:
Direct materials used
$4,200
Direct labor-hours worked
300
Direct labor rate per hour
$8.00
.....
Machine-hours used
200
Predetermined overhead rate per machine-hour
$15.00
What is the total manufacturing cost recorded on Job 1501?
O a $9,600
O b. $8,800
Oc $11,100
Od $10,300
Transcribed Image Text:Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company manufactures tools to customer specifications. The following data pertain to Job 1501: Direct materials used $4,200 Direct labor-hours worked 300 Direct labor rate per hour $8.00 ..... Machine-hours used 200 Predetermined overhead rate per machine-hour $15.00 What is the total manufacturing cost recorded on Job 1501? O a $9,600 O b. $8,800 Oc $11,100 Od $10,300
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