Kalp Corporation Has Two Production Departments, Machining and Finishing

question 277

Multiple Choice

Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining 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 K928. The following data were recorded for this job:

-If the company marks up its manufacturing costs by 20% then the selling price for Job K928 would be closest to:

• A) $4,275.00
• B) $5,643.00
• C) $5,130.00
• D) $855.00

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Definitions:

Depressive Behaviors

Depressive Behaviors refer to actions or reactions associated with depression, such as withdrawal from social activities, decreased interest in hobbies, or prolonged sadness.

Maladaptive Attitudes

Negative thought patterns that are counterproductive to a person's mental health, often leading to stress, depression, or anxiety.

Traumatic Experiences

Events or situations that cause psychological trauma due to their distressing nature.

Contingency Management

A behavioral therapy that rewards individuals for achieving specific goals, such as abstinence from substance use, to encourage positive behavior changes.