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

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Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477 which was recently completed:
Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477 which was recently completed:    -The total job cost for Job A477 is closest to: A)  $3,450 B)  $1,170 C)  $3,970 D)  $3,320
-The total job cost for Job A477 is closest to:


Definitions:

Increasing

A process or trend of becoming progressively larger or greater over time.

Managed-Care Organizations

Health insurance groups that provide healthcare services to their members through specific networks of doctors and hospitals under a fixed budget.

Control Health Care Costs

Efforts and measures taken to manage and reduce the expenses associated with health care services and treatments.

Two Main Types

Often refers to the classification of something into two broad, distinct categories; the specific context (e.g., of products, economic systems) defines what these are.

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