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

question 88

Multiple Choice

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 total job cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $3,140
• B) $892
• C) $3,532
• D) $3,032

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