Levron 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 $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,640The unit product cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $176.60
B. $44.60
C. $157.00
D. $44.15
Answer: A
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