**Job-Order Costing System in Dehner Corporation**Dehner Corporation employs a job-order costing system with a single plantwide predetermined overhead rate, calculated based on direct labor-hours. For the current year, the predetermined overhead rate is established using the following information:- **Total direct labor-hours:** 107,000- **Total fixed manufacturing overhead cost:** $406,600- **Variable manufacturing overhead per direct labor-hour:** $5.00**Case Study: Job P951**Job P951 was completed with these characteristics:- **Number of units in the job:** 100- **Total direct labor-hours:** 100- **Direct materials cost:** $800- **Direct labor cost:** $10,700**Objective:**Determine the total job cost for Job P951 by rounding intermediate calculations to two decimal places.**Options:**1. $1,6802. $11,5803. $12,3804. $11,500Select the option that closely matches the calculated total job cost for Job P951.

Name: **Job-Order Costing System in Dehner Corporation**Dehner Corporation
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Description: **Job-Order Costing System in Dehner Corporation**Dehner Corporation employs a job-order costing system with a single plantwide predetermined overhead rate, calculated based on direct labor-hours. For the current year, the predetermined overhead rat

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Corporation uses à job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost. Variable manufacturing overhead per direct labor-hour Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials. Direct labor cost The total job cost for Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $1,680 $11,580 100 100 $ 800 $ 10,700 107,000 $ 406,600 $ 5.00 4

Corporation uses à job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost. Variable manufacturing overhead per direct labor-hour Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials. Direct labor cost The total job cost for Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $1,680 $11,580 100 100 $ 800 $ 10,700 107,000 $ 406,600 $ 5.00 4

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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