Chapter 1, Problem 14Q

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate basd 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 20 Total machine-hours 80 Direct materials $500 Direct labor cost $2,160 The amount of overhead applied to Job A496 is closest to:  (round calculation to 2 decimal places) A) $944 B) $312 C) $1,256 D) $632

General Accounting question

Accounting sum 6 pts