Branin 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 $160,000, variable manufacturing overhead of $3.40 per direct labor - hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578 which was recently completed: total labor hours: 250. Direct materials: $715. Direct labor cost: $9000.
The predetermined overhead rate is closest to:
a. $8.80 per direct labor-hour
b. $2.00 per direct labor-hour
c. $3.40 per direct labor-hour
d. $5.40 per direct labor-hour
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Torino Company has 2,300 shares of $20 par value, 7.5% cumulative and nonparticipating preferred stock and 23,000 shares of $10 par value common stock outstanding. The company paid total cash dividends of $3,000 in its first year of operation.
Answers (1)
Vito borrows $150,000 from Workers & Farmers Bank to buy a home. If he fails to make payments on the mortgage, the bank has the right to repossess and auction off the property securing the loan. This is a. a cram-down provision. b. a forbearance. c.
Answers (1)
Lilly would like to start investing. What tools and services can she benefit from?
Answers (1)
The following lots of a Commodity P were available for sale during the year. Beginning inventory 5 units at $61 First purchase 15 units at $63 Second purchase 10 units at $74 Third purchase 10 units at $77 The firm uses the periodic system, and
No Answers
Which strategy might be the most likely when management realizes that the current industry is unattractive and that the firm lacks outstanding skills that it could easily transfer to related products or services in other industries.
Answers (1)
New Questions in Business
Which of the following is included in GDP? Group of answer choices revenue from the sale of a three-year old car the receipts from a sale of land the fees charged for a stock broker's services the value of lawn care service provided by a
Answers (1)
Which of these is an example of rebranding? O A. A new motto O B. More employees O C. Higher pricing O D. More investments
Answers (1)
You're planning a really big surprise trip for your 10-year anniversary. However, the internet is down and you know you need to buy the airline tickets during tomorrow's flash sale.
Answers (1)
Answer the following statement true (T) or false (F) : Mark is a cash basis taxpayer. He is a partner in the M & M partnership, and his share of the partnership's profits for 2019 is $90,000.
Answers (1)
A supermarket manager schedules the workers in the supermarket to ensure that enough cash register clerks are available at different times during the day to handle the expected demand from customers.
Answers (1)