Irene Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Direct

question 128

Multiple Choice

Irene Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,the company estimated total manufacturing overhead costs at $1,020,000 and total direct labor costs at $820,000.In June,Job 711 was completed.The details of Job 711 are shown below. $\begin{array} { |l | l| } \hline \text { Direct materials cost } & \$ 21,500 \\\hline \text { Direct labor cost } & \$ 10,000 \\\hline \text { Direct labor hours } & 400 \text { hours } \\\hline \text { Units of product produced } & 200 \text { units } \\\hline\end{array}$ How much was the cost per unit of finished product? (Round any percentages to two decimal places and your final answer to the nearest cent.)

• A) $157.50
• B) $197.70
• C) $169.70
• D) $219.70

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Definitions:

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Central Nervous System

The central nervous system consists of the brain and spinal cord, serving as the primary processing center for the entire nervous system and controlling the functions of both the body and mind.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive movements, often resulting from long-term use of certain antipsychotic medications.

Antipsychotic Drugs

Medications used to treat psychotic symptoms such as hallucinations, delusions, and disordered thinking associated with psychiatric disorders like schizophrenia.