Jordan Manufacturing Uses a Predetermined Overhead Allocation Rate Based on Direct

question 188

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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Definitions:

Illegal

Actions or activities that are forbidden by law or statute.

Signaling Theory

A theoretical framework that explains how individuals or entities send signals to convey information about themselves or underlying qualities in situations with information asymmetry.

Productive

Refers to the effectiveness and efficiency with which an individual or a system converts inputs into useful outputs.

Measurable Factors

Factors that can be quantified or measured directly, often used in analysis or research to assess impacts or outcomes.