Kosteink 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 total fixed manufacturing overhead cost of $237000, verable manufacturing overhead of $3.90 per machine hour, and 30,000 machine bours. The company has provided the following data concerning Job A496 which w s recently completed Number of units in the job i Total machine-hours Direct materials $ 500 Direct labor cost $ 2,160 The unit product cost for Job A496 is closest to (Round your intermediate calculations to 2 decimal places) Multiple Choice $133.00 $72.20 $18020 $45.05 20 80

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Kostelnik Corporation uses a job-order costing system with a single plontwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead
rate for the current year on total fixed manufacturing overeed cost of $237000, verable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine bours. The company
has provided the following data concerning Job A496 which was recently completed
Number of units in the job
Total machine-hours
Direct materials
Direct labor cost
The unit product cost for Job A496 closest to (Round your intermediate calculations to 2 decimal places)
Mutiple Choce
$13300
$72.20
$18020
$45.05
20
80
$ 500
$2,100
Transcribed Image Text:Kostelnik Corporation uses a job-order costing system with a single plontwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overeed cost of $237000, verable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine bours. The company has provided the following data concerning Job A496 which was recently completed Number of units in the job Total machine-hours Direct materials Direct labor cost The unit product cost for Job A496 closest to (Round your intermediate calculations to 2 decimal places) Mutiple Choce $13300 $72.20 $18020 $45.05 20 80 $ 500 $2,100
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