Pebbles Corporation Has Two Manufacturing Departments--Casting and Finishing

question 102

Multiple Choice

Pebbles Corporation has two manufacturing departments--Casting and Finishing.The company used the following data at the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs--Job A and Job L.There were no beginning inventories.Data concerning those two jobs follow: Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours.The total manufacturing cost assigned to Job L is closest to:

• A)$9,600
• B)$6,200
• C)$28,904
• D)$13,104

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Definitions:

CISG

The treaty known as the United Nations Convention on Contracts for the International Sale of Goods sets a standardized law for international sales transactions.

Sales Contract

A legally binding agreement between a buyer and a seller detailing the terms and conditions of the sale of goods or services.

Uniform Commercial Code

A collection of laws that govern commercial transactions in the United States, aiming to standardize the law in all 50 states.

Residents of the United States

Individuals who live in the United States, either permanently or under circumstances that indicate a long-term intention of staying.