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

question 2

Multiple Choice

Thach 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 $665,000, variable manufacturing overhead of $3.00 per machine-hour, and 70,000 machine-hours.Recently, Job T321 was completed with the following characteristics: The unit product cost for Job T321 is closest to:

• A)$117.00
• B)$58.50
• C)$154.50
• D)$51.50

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Definitions:

Lincoln

The 16th President of the United States, Abraham Lincoln, who led the nation during the Civil War and is known for issuing the Emancipation Proclamation.

Pay for the War

Refers to the methods and strategies used by governments to finance military conflicts, often involving taxes, bonds, or borrowing.

Desertion

The act of abandoning a duty or post, especially in military service, without permission and with no intention of returning.

Union Army

The land force that fought for the Northern states during the American Civil War.