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

question 124

Multiple Choice

Levron 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 $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:

-The total job cost for Job P978 is closest to:

• A) $3,140
• B) $892
• C) $3,532
• D) $3,032

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Definitions:

Antidepressant Drug

Drugs specifically formulated to relieve symptoms of depression, often by correcting imbalances of neurotransmitters in the brain; synonymous to antidepressant medication but rephrased for clarity.

Serotonin

A neurotransmitter that has a critical role in stabilizing mood, feelings of well-being, and happiness. It also influences sleep, digestion, and other bodily functions.

Norepinephrine

A neurotransmitter whose abnormal activity is linked to panic disorder and depression.

Unipolar Depression

A major depressive disorder characterized by a persistent feeling of sadness or lack of interest in external stimuli.