Examlex

Solved

Stoke Corporation Has Two Production Departments, Forming and Assembly

question 8

Multiple Choice

Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:   During the current month the company started and finished Job A460. The following data were recorded for this job:   The amount of overhead applied in the Assembly Department to Job A460 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $415.00 B)  $150.00 C)  $565.00 D)  $79,100.00 During the current month the company started and finished Job A460. The following data were recorded for this job:
Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:   During the current month the company started and finished Job A460. The following data were recorded for this job:   The amount of overhead applied in the Assembly Department to Job A460 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $415.00 B)  $150.00 C)  $565.00 D)  $79,100.00 The amount of overhead applied in the Assembly Department to Job A460 is closest to: (Round your intermediate calculations to 2 decimal places.)


Definitions:

Computer Hardware

The physical components of a computer system, such as the CPU, RAM, hard drives, and peripherals.

Coordinates

Numerical values that specify the position of a point or object within a space, commonly used in mapping, GPS, and graphical design.

User Icon

A graphical representation or avatar that identifies a user on a computer system, website, or within an application.

User Name

A unique identifier adopted by individuals for authentication and access purposes on various platforms.

Related Questions