Kostelnik 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 $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$ 500Direct labor cost$ 2,160The amount of overhead applied to Job A496 is closest to:
A. $944
B. $632
C. $1,256
D. $312
Answer: A
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Answer the following statements true (T) or false (F)
1. Teams often enforce norms to help individuals avoid embarrassing situations. 2. Conflict is a process in which one party perceives that its interests are being opposed or negatively affected by another. 3. A moderate level of conflict can induce creativity and initiative, thereby raising performance 4. Stephen and Tyler went to the same college, and they have never liked each other. Stephen thinks Tyler is a loudmouth, while Tyler thinks Stephen is arrogant and self-impressed. If Stephen and Tyler end up working for the same company, they are likely to experience a multicultural conflict.
Much of the inherent risk related to long-lived assets is due to the importance of management estimates
a. True b. False Indicate whether the statement is true or false
Blue Fizz Inc sponsors every race that takes place at the Sears Racing Track in Orange County, California. The high-octane racing at Sears is perfect for Blue Fizz to sell its energy drinks and to establish the desired brand image of the company
Which type of promotion is evident here? A) event marketing B) mass marketing C) point-of-purchase promotion D) solution selling E) advertising specialties
Which is a source of cash?
a. increase in inventory b. decrease in bonds payable c. decrease in accounts payable d. decrease in accounts receivable e. increase in prepaid assets