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

question 125

Multiple Choice

Odonnel 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 total fixed manufacturing overhead cost of $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours.The estimated total manufacturing overhead is closest to:

• A) $64,000
• B) $36,000
• C) $28,000
• D) $36,003

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Definitions:

Required Steps

Essential actions or procedures that must be followed to achieve a specific outcome or complete a process.

Applied Training

Instructional programs that focus on the practical application of skills and knowledge in specific fields, often aimed at preparing individuals for specific careers.

Preceptor

An experienced practitioner or faculty member who supervises and mentors students or less experienced staff in a healthcare setting.

Administrative Work

Activities and tasks related to managing and executing daily operations in a company or organization, such as filing, scheduling, and communication.