Hickingbottom Corporation Has Two Production Departments, Forming and Finishing

question 219

Multiple Choice

Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
During the current month the company started and finished Job M381. The following data were recorded for this job:

-The predetermined overhead rate for the Finishing Department is closest to:

• A) $9.40 per direct labor-hour
• B) $13.00 per direct labor-hour
• C) $3.60 per direct labor-hour
• D) $5.35 per direct labor-hour

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Definitions:

Queer Theory

Identifies sexuality as a system that cannot be understood as gender neutral or by the actions of heterosexual males and females. It proposes that one’s sexual identity and one’s gender identity are partly or wholly socially constructed.

Psychodynamic Theory

A psychological perspective that emphasizes the influence of the unconscious mind and childhood experiences on behavior and personality.

Evolutionary Theory

A scientific explanation for the diversity of life on Earth, proposing that species change over time through processes like natural selection and genetic mutation.

Masculinity and Femininity

Socially constructed roles, behaviors, expressions, and identities associated with being male or female, varying across different cultures and times.