Thach 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 total fixed manufacturing overhead cost of $665,000, variable manufacturing overhead of $3.00 per machine-hour, and 70,000 machine-hours. Recently, Job T321 was completed with the following characteristics: Number of units in the job 30Total machine-hours 90Direct materials$630Direct labor cost$2,880 The unit product cost for Job T321 is closest to:
A. $51.50
B. $117.00
C. $58.50
D. $154.50
Answer: D
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