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

question 367

Multiple Choice

Doakes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Recently, Job M843 was completed with the following characteristics:
The unit product cost for Job M843 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $33.75
• B) $67.50
• C) $27.50
• D) $50.50

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Definitions:

Demographic Shifts

Changes in the composition of a population over time, such as those related to age, ethnicity, migration patterns, or birth and death rates.

Minority Groups

Social groups that are differentiated from the societal majority through distinctive cultural, ethnic, racial, or religious characteristics and often face disparities in power and resources.

Mortality Rates

The measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.

Immigration

The process of moving to a new country or region with the intention of settling and living there.