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:

Millennial

A Millennial is a person born approximately between 1981 and 1996, known for being tech-savvy, value-driven, and significantly influenced by the rise of the internet and social media.

Market Savvy

Having a keen understanding of market dynamics, including recognizing opportunities and threats within the competitive landscape.

Global Mind-Set

The ability to appreciate and adapt to different cultural norms and practices in a global business environment.

Location-Related Competency

Advantages or skills a company gains because of its geographical location.