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

question 125

Multiple Choice

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) $64,000
• B) $36,000
• C) $28,000
• D) $36,003

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Definitions:

Expectancy Model

A psychological theory stating that an individual's motivation is related to their expectation of achieving a desired performance level and the value of the associated reward.

Communication Competency

The ability to effectively convey, receive, and interpret messages and information through verbal and non-verbal means.

Thanks Program

A structured initiative or plan designed to express gratitude or appreciation within an organization or community.

Top Management

The highest level of managers within an organization, responsible for setting strategic goals and making critical decisions.