Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:MoldingFinishingTotalEstimated total machine-hours (MHs)6,5003,50010,000$ 24,000$ 2,600$ 26,600Estimated total fixed manufacturing overhead costEstimated variable manufacturing overhead cost per MH2.50$45.00During the most recent month, the company started and completed two Jobs-Job A and Job M. There were no beginning Inventories. Data concerning those two jobs follow:Job AJob MDirect materials$13,700$7,700$7,6004,0001,000Direct labor cost$20,800Molding machine-hoursFinishing machine-hours2,5002,500Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M Is closest to: (Round "Predetermined overhead rate" to 2 decimal places.)Multiple Cholce$30,200$7,600$45,500$7,700 Lupo 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 the following data:Total machine-hours30,700Total fixed manufacturing overhead costVariable manufacturing overhead per machine-hour$337,7004.00Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours20Direct materials$4575Direct labor cost$1,150The unit product cost for Job T687 Is closest to:Multiple Choice$87.50$101.25$172.50$202.50

Name: Opunul Corporation has two manufacturing departments--Molding and Fin
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:MoldingFinishingTotalEstimated total machine-hours (MHs)6,5003,50