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

question 67

Multiple Choice

Kostelnik 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 $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:

-The amount of overhead applied to Job A496 is closest to:

• A) $1,256
• B) $632
• C) $944
• D) $312

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Definitions:

IT Activities

Tasks and operations related to the management, processing, and use of information technology in supporting business operations.

Public Cloud

A computing service model where resources, such as servers and storage, are owned and operated by a third-party provider and delivered over the internet, making them available to the general public.

Google Drive

A cloud-based storage service provided by Google that allows users to save files online and access them from any smartphone, tablet, or computer.

Customer Manages

In a business context, it refers to situations where customers have control over certain decisions or aspects of service provision.