Meger Manufacturing Uses the Direct Labor Cost Method for Applying

question 50

Multiple Choice

Meger Manufacturing uses the direct labor cost method for applying factory overhead to production.The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000,respectively. ​
During the year,the company started and completed Job 352A,which had direct material and labor costs of $32,000 and $45,000,respectively.What was the cost of Job 352A?

• A)$ 77,000
• B)$ 81,000
• C)$102,600
• D)$113,000

Understand the purpose and function of different types of professional letters (claim letters, inquiry letters).

Apply appropriate salutations and formats in professional correspondence.

Understand the role of memos and letters in electronic communication within professional settings.

Understand the impact of culture on the interpretation and expression of emotions, including the use of facial expressions.

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Definitions:

Past Consideration

A term used in contract law that refers to an act or benefit given in the past, which cannot be used as consideration for a current contract.

Promissory Estoppel

A legal principle that prevents a promisor from withdrawing a promise that a promisee has relied upon.

Reciprocal Treatment

A principle where two parties provide the same advantages or conditions to each other.

Civil Code

A body of written law that sets out the private rights of the citizens of a state.