Examlex

Solved

Webb Company

question 171

Multiple Choice

Webb Company. Webb Company uses a job-order costing system and the following information is available from its records.The company has three jobs in process: #6,#9,and #13.
Webb Company. Webb Company uses a job-order costing system and the following information is available from its records.The company has three jobs in process: #6,#9,and #13.   Direct material was requisitioned as follows for each job respectively: 30 percent,25 percent,and 25 percent; the balance of the requisitions was considered indirect.Direct labor hours per job are 2,500; 3,100; and 4,200; respectively.Indirect labor is $33,000.Other actual overhead costs totaled $36,000. Refer to Webb Company.What is the total amount of overhead applied to Job #9? A) $18,250 B) $26,350 C) $30,000 D) $31,620 Direct material was requisitioned as follows for each job respectively: 30 percent,25 percent,and 25 percent; the balance of the requisitions was considered indirect.Direct labor hours per job are 2,500; 3,100; and 4,200; respectively.Indirect labor is $33,000.Other actual overhead costs totaled $36,000.
Refer to Webb Company.What is the total amount of overhead applied to Job #9?


Definitions:

Indirect Correlation

A negative correlation where the values of variables move in opposite directions.

Nondirectional Correlation

A type of correlation that measures the strength and direction of a relationship between two variables, without assuming which variable influences the other.

Unidirectional Correlation

A correlation where an increase in one variable is associated with an increase in another or a decrease in one is associated with a decrease in the other, without implying causation.

Negative Correlation

An association between two variables characterized by the increase of one and the decrease of the other.

Related Questions