Levron Corporation Uses a Job-Order Costing System with a Single

question 88

Multiple Choice

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: The total job cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $3,140
• B) $892
• C) $3,532
• D) $3,032

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Definitions:

Piaget

A Swiss psychologist known for his pioneering work in child development and cognitive theory.

Cause And Effect

A relationship where one event (the cause) leads to the occurrence of another event (the effect).

Preoperational Stage

A stage in Jean Piaget's theory of cognitive development where children from ages 2 to 7 learn through pretend play but struggle with logic and taking the point of view of other people.

Innately More Nurturing

The belief that certain individuals or genders possess a natural tendency to be more caring and supportive, often attributed to women.