Odonnel 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 $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours. The estimated total manufacturing overhead is closest to:
A. $36,000
B. $64,000
C. $28,000
D. $36,003
Answer: B
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A. C corporations. B. partnerships. C. S corporations. D. limited liability companies.
Which of the following is most likely to have an unprofessional or part-time buyer who needs more advice and assistance from marketers before and after a sale?
A) a reseller B) a mass producer C) a foreign government D) a state government E) a not-for-profit institution
The tendency of the rate earned on stockholders' equity to vary disproportionately from the rate earned on total assets is sometimes referred to as
A) leverage B) solvency C) yield D) quick assets
Social service organizations with workers with heavy caseloads have unusually high turnover rates. This is an example of which of the following sources of conflict?
A) Personal differences B) Information deficiencies C) Role incompatibility D) Environmental stress