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

question 21

Multiple Choice

Spang 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 the following data:
Recently, Job P505 was completed with the following characteristics:

-The total job cost for Job P505 is closest to:

• A) $9,400
• B) $9,940
• C) $7,740
• D) $2,740

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Definitions:

Conifers

A group of cone-bearing seed plants with vascular tissue, mostly evergreens, that include pines, spruces, and firs.

Age

A measurement of the length of time an individual, organism, or object has existed, typically expressed in units such as years, months, or days.

Twig

A small, slender branch of a tree or shrub, often representing the growth of the current or previous year.

Xylem

Tissue in plants responsible for the transport of water and nutrients from the roots to the leaves and stems.