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Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours $2,414 74 labor-hours Direct labor wage rate $17 per labor-hour Machine-hours 137 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $18 per machine hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a. $3,462 b. $3,672 c. $6,978 d. $6,138

Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours $2,414 74 labor-hours Direct labor wage rate $17 per labor-hour Machine-hours 137 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $18 per machine hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a. $3,462 b. $3,672 c. $6,978 d. $6,138

FINANCIAL ACCOUNTING
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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Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours $2,414 74 labor-hours Direct labor wage rate $17 per labor-hour Machine-hours 137 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $18 per machine hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a. $3,462 b. $3,672 c. $6,978 d. $6,138
Transcribed Image Text:Job 593 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours $2,414 74 labor-hours Direct labor wage rate $17 per labor-hour Machine-hours 137 machine-hours The Corporation applies to manufacture overhead on the basis of machine hours. The predetermined overhead rate is $18 per machine hour. The total cost that would be recorded on the job cost sheet for Job 593 would be: a. $3,462 b. $3,672 c. $6,978 d. $6,138
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