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

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Obermeyer 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 10,000 direct labor-hours, total fixed manufacturing overhead cost of $96,000, and a variable manufacturing overhead rate of $3.60 per direct labor-hour.Job A735, which was for 40 units of a custom product, was recently completed.The job cost sheet for the job contained the following data: Obermeyer 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 10,000 direct labor-hours, total fixed manufacturing overhead cost of $96,000, and a variable manufacturing overhead rate of $3.60 per direct labor-hour.Job A735, which was for 40 units of a custom product, was recently completed.The job cost sheet for the job contained the following data:   Required: a.Calculate the amount of overhead applied to Job A735. b.Calculate the total job cost for Job A735. c.Calculate the unit product cost for Job A735. Required:
a.Calculate the amount of overhead applied to Job A735.
b.Calculate the total job cost for Job A735.
c.Calculate the unit product cost for Job A735.


Definitions:

Validity

The quality of being logically or factually sound; in logic, it refers to an argument where if the premises are true, the conclusion must also be true.

Degrees

Units of measurement that quantify, among other things, angles, temperature, or the level of academic achievement.

Inductive Arguments

A type of reasoning wherein the premises are viewed as supplying strong evidence for the truth of the conclusion, though not guaranteeing it.

Deductive Arguments

Arguments in which, if the premises are true, the conclusion necessarily follows and must also be true.

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