ns Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The mpany based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable ufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following racteristics: umber of units in the job tal direct labor-hours irect materials. irect labor cost 10 50 $ 920 $ 1,400 e total job cost for Job K818 is closest to: te: Round your intermediate calculations to 2 decimal places. Multiple Choice

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Chapter1: Financial Statements And Business Decisions
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Beans Corporation uses a 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 total fixed manufacturing overhead cost of $162,000, variable
manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following
characteristics:
Number of units in the job
Total direct labor-hours
Direct materials
Direct labor cost
10
50
$ 920
$1,400
The total job cost for Job K818 is closest to:
Note: Round your intermediate calculations to 2 decimal places.
Multiple Choice
Transcribed Image Text:Beans Corporation uses a 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 total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 10 50 $ 920 $1,400 The total job cost for Job K818 is closest to: Note: Round your intermediate calculations to 2 decimal places. Multiple Choice
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