The Cameron Corporation Manufactures Custom-Made Purses Factory Overhead Is Applied Using a Plant-Wide Rate Based on to Job

question 80

Multiple Choice

The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XY5: $\begin{array}{lr}\text { Direct materials placed into production } & \$ 4,000 \\\text { Direct labor hours worked } & 50 \text { hours } \\\text { Direct labor rate per hour } & \$ 15 \\\text { Machine hours worked } & 100 \text { hours }\end{array}$
Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at $80,000 for the year and the direct labor hours were estimated to be 20,000. Job XY5 consists of 50 units.
What the total cost assigned to Job XY5?

• A)$5,150
• B)$4,400
• C)$4,200
• D)$4,950

Understand the concept of evidence-based management.

Explain the importance and mechanisms of delegation in organizations.

Grasp the principles of organizational culture and workforce diversity.

Comprehend the significance of reciprocity in organizational behavior.

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Definitions:

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the organization's actions, objectives, and policies.

Computers

Electronic devices designed to process data according to a set of instructions, known as programs.

Strategic

Relating to the identification of long-term or overall aims and interests and the means of achieving them, often within the context of business or military planning.

Outsourced

Refers to delegating a business process or task to an external service provider rather than handling it internally within the organization.