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

question 247

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 unit product cost for Job P978 is closest to:

• A) $176.60
• B) $157.00
• C) $44.60
• D) $44.15

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Definitions:

Neural Conduction

The process by which nerve cells (neurons) transmit electrical signals throughout the nervous system.

Dendrites

The branching extensions of neurons that receive electrical messages from other neurons.

Terminal Buttons

The small bulb-like structures at the end of axons in neurons, responsible for releasing neurotransmitters into the synapse.

Complex Network

A network (such as social, biological, or computational) characterized by complex structures and patterns of connections.