Kalp Corporation Has Two Production Departments, Machining and Finishing

question 78

Multiple Choice

Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: During the current month the company started and finished Job K928. The following data were recorded for this job:
If the company marks up its manufacturing costs by 20% then the selling price for Job K928 would be closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $4,275.00
• B) $5,643.00
• C) $5,130.00
• D) $855.00

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Definitions:

Surface Receptors

Proteins located on the cell membrane that bind to specific molecules in the cell's external environment, initiating a cellular response.

Second Messengers

Intracellular signaling molecules released by a cell in response to exposure to extracellular signaling molecules, amplifying the signal within the target cell.

Paracrine Regulation

Paracrine regulation involves the signaling of cells to nearby cells by releasing chemical messengers, influencing the behavior of those nearby cells without needing to enter the bloodstream.

Nearby Target Cells

Cells that are located close to the source of a signal molecule and are directly affected by it, often in the context of cellular communication.