Venus Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Direct

question 75

Multiple Choice

Venus Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,it estimated the manufacturing overhead rate to be 20% of the direct labor cost.In the month of June,Venus completed Job 13C and its details are as follows: $\begin{array} {| l | l |} \hline \text { Direct materials cost } & \$ 6360 \\\hline \text { Direct labor cost } & \$ 20,000 \\\hline \text { Direct labor hours } & 34 \text { hours } \\\hline \text { Units of product produced } & 220 \\\hline\end{array}$ What is the total cost incurred for Job 13C?

• A) $27,632
• B) $24,000
• C) $10,360
• D) $30,360

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Definitions:

Quantitative Research

A method of inquiry that involves the collection and analysis of numerical data to discover patterns, relationships, or generalizations.

Projective Technique

A psychological assessment tool in which ambiguous stimuli are presented to an individual to elicit responses that reveal aspects of their personality.

Ambiguous Objects

Items or entities whose appearance, function, or context does not have a single, clear interpretation.

Scanner Technology

The use of devices that convert physical text or images into digital form, often used in retail to read barcodes and manage inventory.