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

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Branin 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 $160,000, variable manufacturing overhead of $3.40 per direct labor-hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578 which was recently completed:
Branin 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 $160,000, variable manufacturing overhead of $3.40 per direct labor-hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578 which was recently completed:    -The amount of overhead applied to Job A578 is closest to: A)  $500 B)  $1,350 C)  $2,200 D)  $850
-The amount of overhead applied to Job A578 is closest to:

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Definitions:

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The process of distributing available resources among various uses or projects in order to achieve desired outcomes or maximize efficiency.

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A set of principles and concepts that helps to explain economic behavior and predict future patterns.

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