The Following Data Have Been Recorded for Recently Completed Job

question 375

Multiple Choice

The following data have been recorded for recently completed Job 450 on its job cost sheet. Direct materials cost was $3,044. A total of 46 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $15 per labor-hour. The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $13 per machine-hour. The total cost for the job on its job cost sheet would be:

• A) $4,332
• B) $3,734
• C) $3,072
• D) $5,086

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Definitions:

Floating-point Expression

A type of expression in programming that allows for the representation of real numbers with fractional parts, using a format that can store a wide range of values.

Double-precision

A format for representing floating-point numbers that uses double the amount of storage compared to single-precision, allowing for increased precision.

Single-precision

Refers to a floating-point number format that uses 32 bits, offering a compromise between range and precision.

Remainder Operator

The remainder operator, often % in many programming languages, calculates the remainder of the division between two numbers.