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

question 127

Multiple Choice

Beans 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 $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: The estimated total manufacturing overhead is closest to:

• A) $330,000
• B) $162,000
• C) $168,000
• D) $162,003

Comprehend the essential elements and characteristics of effective performance measures.

Understand the implications of appraisal timing and scheduling.

Learn the roles and responsibilities in the administration of the performance appraisal system.

Appreciate the importance of avoiding personality assessments in performance evaluations.