Cardosa 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 70,000 machine-hours, total fixed manufacturing overhead cost of $308,000, and a variable manufacturing overhead rate of $2.10 per machine-hour. Job M556, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:
Required:a. Calculate the total job cost for Job M556.b. Calculate the unit product cost for Job M556.
Definitions:
Dispositional Explanations
Attributions of behavior to stable internal factors, including personality traits and beliefs.
Circumstances
The conditions or facts affecting a specific event, decision, or action.
Disposition
An individual's natural attributes of intellect and personality.
Situation
The set of circumstances or context in which events occur, influencing the outcomes of actions or decisions.
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