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

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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: 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 total job cost for Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $1,675 B)  $2,595 C)  $1,195 D)  $2,320 The total job cost for Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)


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Financial Stability

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