Walsh 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 $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477which was recently completed: Total direct labor-hours 100 Direct materials $520 $ 2,800 Direct labor cost The amount of overhead applied to Job A477 is closest to: Select one: a. $650 b. $350 c. $1,000 d. $300
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Walsh 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
The 2008 credit crunch occurred when banks reduced lending in response toa the loss of asset value for mortgage-backed securities and mortgage loans. b having too little capital to satisfy capital requirements. c an excess of bank capital.
Answers (1)
Mason canceled a note issued by Emma (Mason's niece) that arose in connection with the sale of property. At the time of the cancellation, the note had a basis to Mason of $30,000, a face amount of $55,000, and a fair market value of $42,000.
Answers (1)
Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation sustained a net loss of $40,000. The year-end balance sheet would show A : total paid-in capital of $4,600,000.
Answers (1)
Luke notices the documents he is printing look faded and incomplete. How could he troubleshoot this problem? A. Replace the empty ink cartridge. B. Properly connect the printer to the computer. C. Connect the printer's power cable to an outlet. D.
Answers (1)
Say that equilibrium price remained constant and quantity rose. what would you say was the most likely cause?
Answers (1)
New Questions in Business
Which of the following types of value chain processes directly creates and delivers goods and services to customers? General management processes Postproduction processes Support processes Core processes
Answers (1)
Comanic Corp. has common stock of $5,400,000, retained earnings of $2,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000.
Answers (1)
Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.
Answers (1)
The term of an invoice of $2800 were 2/10, 1/30, n/60. The buyer sent a part payment of $980 within 10 days and the balance due 15 days later. How much cash discount could be taken?
Answers (1)
Baxter company produces children's wiffle ball sets using a three-step sequential process that includes molding, coloring, and finishing. when the sets are completely finished, out of which account should the cost be transferred?
Answers (1)