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

question 102

Multiple Choice

Cull 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 total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: The total job cost for Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $3,972
• B) $1,732
• C) $3,180
• D) $3,032

---

Definitions:

Copyright Protection

Legal rights granted to creators and authors over their original works, preventing unauthorized reproduction or use for a limited time.

Fair Use

A legal doctrine allowing limited use of copyrighted material without needing permission, typically for purposes such as criticism, comment, news reporting, or research.

Double-Declining-Balance

A method of accelerated depreciation where an asset's value decreases at double the rate of traditional straight-line depreciation.

Book Value

The original cost of an asset minus accumulated depreciation.