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Lnsing Productions Estimated It Would Use $360 of Materials and Take

question 114

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Lnsing Productions estimated it would use $360 of materials and take 20 hours at $14.50 per hour to complete job 456. It calculated a predetermined overhead rate of $9.00 per direct labor hour. Job 456 required $380 of material and took employees a total of 19.25 hours at a cost of $15.20 per hour to complete the job. Actual manufacturing overhead costs totaled $223,000 for the year for the company. How much is the cost of Job 456?


Definitions:

Classical Conditioning

An educational method that happens when a connection is made between an external stimulus and one that occurs naturally.

UCS

Unconditioned Stimulus (UCS) is a stimulus that naturally and automatically triggers a response without any prior learning in classical conditioning.

Token Economy

A behavior modification system that uses tokens as a form of reinforcement or reward for desired behaviors, which can be exchanged for privileges or treats.

Memorize

The process of committing something to memory or learning it by heart.

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