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

question 35

Multiple Choice

Cull 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 $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: The amount of overhead applied to Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $176
• B) $792
• C) $968
• D) $616

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Definitions:

Events

Occurrences or happenings, especially those of significance, that are planned or unfold unpredictably.

Ethnography

The study of naturally occurring human behavior through a researcher’s immersion into the culture of a group or organization; an exploration of how humans engage in meaning construction through communication processes.

Cultural Analysis

The examination and interpretation of cultural practices, artifacts, and institutions to understand societal values and norms.

Brands

Trademarks or distinctive names identifying a product, service, or organization, often associated with certain qualities or perceptions in the consumer’s mind.