Job 2908 Requires $12,000 of Direct Materials,$5,500 of Direct Labor,500

question 24

Multiple Choice

Job 2908 requires $12,000 of direct materials,$5,500 of direct labor,500 direct labor hours,and 250 machine hours.It also requires 9 hours of inspection at $40 per hour.Manufacturing overhead is computed at $25 per direct labor hour used and $45 per machine hour used. The total amount of overhead allocated is:

• A)$23,750.
• B)$30,000.
• C)$41,250.
• D)$12,500.

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Definitions:

Data Set

A group of related information sets that consists of distinct parts yet can be managed as a single entity by a computer.

Life Expectancy

The average number of years an individual or population is expected to live, based on current mortality rates and other demographic factors.

Regression Model

A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.

Coefficient

Before a variable in an algebraic expression, there lies a constant or numerical amount that serves to multiply it.