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

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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: 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 amount of overhead applied to Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $232 B)  $160 C)  $392 D)  $552 The amount of overhead applied to Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)


Definitions:

Major Histocompatibility Complex

A set of genes that play a critical role in immune system function by helping the body recognize and differentiate between self and non-self antigens.

Biochemical Fingerprint

A unique pattern or profile of biochemical markers or traits that can be used to identify individuals or biological samples.

Body Cells

The basic structural, functional, and biological units of all known living organisms; cells make up the tissues of the body.

Antigens

Substances that the immune system recognizes as foreign, triggering an immune response.

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