Tiff Corporation has two production departments, Casting and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Assembly 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 P131. The following data were recorded for this job:
-The amount of overhead applied in the Assembly Department to Job P131 is closest to:
Definitions:
United Nations
An international organization founded in 1945 to promote peace, security, and cooperation among countries.
Abnormality
Abnormality refers to a deviation from the norm or average, often used in medical, psychological, and biological contexts to describe differences in behavior, structure, or function.
Major Events
Significant occurrences or milestones that have a profound impact on individuals or communities.
Philippe Pinel
A French physician credited with pioneering humane treatment and moral therapy for the mentally ill in the late 18th and early 19th centuries.
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