Hickingbottom Corporation Has Two Production Departments, Forming and Finishing

question 265

Multiple Choice

Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming 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 M381. The following data were recorded for this job:

-The predetermined overhead rate for the Forming Department is closest to:

• A) $5.70 per machine-hour
• B) $7.70 per machine-hour
• C) $2.00 per machine-hour
• D) $18.70 per machine-hour

Identify ethical guidelines in psychological research.

Understand the experimental method and variables involved in psychological research.

Appreciate the importance of replicability in scientific research.

Acknowledge the role and area of focus of different psychological perspectives and theories.