Kostelnik Corporation Uses a Job-Order Costing System with a Single

question 45

Multiple Choice

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed: The amount of overhead applied to Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $1,256
• B) $632
• C) $944
• D) $312

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Definitions:

Extended Family

An extended family includes not just parents and their children but also other relatives such as grandparents, aunts, uncles, and cousins living together or maintaining close relationships.

Nuclear Family

A family unit consisting of two parents and their children living in one household, considered the traditional family structure.

Polymorphous Family

A family structure that does not conform to traditional norms, encompassing a variety of forms and relationships.

Ambiguous Family

A term used to describe family structures that do not conform to traditional norms, often involving complex relationships and living arrangements.