Use the Information Below to Answer the Following Question(s)

question 39

Multiple Choice

Use the information below to answer the following question(s) .Bill Cobb Corporation had the following activities, pooled costs, and physical flow of driver units.The company uses activity-based costing. The above activities are used by departments X and Y as follows:

-JenPar Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs.The company has two departments: Building and Inspection.The Building Department uses a departmental overhead rate of $18 per machine hour, while the Inspection Department uses a departmental overhead rate of $15 per direct labour hour.Job 611 used the following direct labour hours and machine hours in the two departments: The cost for direct labour is $23 per direct labour hour and the cost of the direct materials used by Job 611 is $1,300.What was the total cost of Job 611 if JenPar Industries used the departmental overhead rates to allocate manufacturing overhead?

• A)$1,814
• B)$1,784
• C)$1,745
• D)$1,751
• E)$1,910

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Definitions:

Scarce Good

A product or resource that is limited in availability compared to the desired demand, leading to competition for its acquisition.

Freshwater

Water with low concentrations of dissolved salts, essential for drinking, agriculture, and many industrial processes.

Human Capital

The combined abilities, expertise, and past experiences held by either a person or a group, considered in relation to their worth or expense to a business or nation.

Economics

The social science that studies how individuals, businesses, governments, and nations make choices on allocating scarce resources to satisfy their unlimited wants.