Kostelnik 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 $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. 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 is closest to: (Round your intermediate calculations to 2 decimal places.) O $180.20 Ⓒ$45.05 O $133.00 20 80 $ 500 $2,160 O $72.20

FINANCIAL ACCOUNTING
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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 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 $237,000, variable manufacturing overhead of $3.90 per machine-hour,
and 30,000 machine-hours. 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
O $180.20
O $45.05
The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)
O $133.00
20
80
O $72.20
$500
$2,160
Transcribed Image Text:Kostelnik 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 $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. 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 O $180.20 O $45.05 The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.) O $133.00 20 80 O $72.20 $500 $2,160
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