Jordan Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Direct

question 111

Multiple Choice

Jordan Manufacturing uses a predetermined overhead allocation rate based on direct labor cost.At the beginning of the year,it estimated the manufacturing overhead rate to be 20% times the direct labor cost.In the month of June,Jordan completed Job 13C,and its details are as follows: $$\begin{array} { | l | r | } \hline \text { Direct materials cost } & \$ 6460 \\\hline \text { Direct labor cost } & \$ 21,000 \\\hline \text { Direct labor hours } & 34 \text { hours } \\\hline \text { Units of product produced } & 210 \\\hline\end{array}$$ What is the cost per unit of finished product of Job 13C? (Round your answer to the nearest cent.)

• A)$150.76
• B)$136.91
• C)$130.79
• D)$120.00

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Real-Life Problems

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Control Environment

The set of standards, processes, and structures that guide the operation of an organization in achieving its objectives.

Socialist System

An economic and political system where the means of production, distribution, and exchange are owned and regulated by the community as a whole.

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