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

question 160

Multiple Choice

Carradine 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 $105,000,variable manufacturing overhead of $3.00 per machine-hour,and 70,000 machine-hours.The company recently completed Job P233 which required 60 machine-hours.The amount of overhead applied to Job P233 is closest to:

• A) $90
• B) $270
• C) $450
• D) $180

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Definitions:

Research Hypotheses

Statements made by researchers predicting a relationship, effect, or difference between variables in an experimental study.

Comparisons Between Groups

The process of examining differences and similarities between two or more groups in research.

F Ratio

A statistical measure used in ANOVA tests to assess the variability among group means compared to within-group variability.

Null Hypothesis

The default position that there is no difference or effect in a population, used as a starting point for statistical testing.