Sybil,IncUses a Predetermined Overhead Allocation Rate to Allocate Manufacturing Overhead

question 69

Multiple Choice

Sybil,Inc.uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs.The company recently completed Job 300X.This job used 11 machine hours and 5 direct labor hours.The predetermined overhead allocation rate is calculated to be $43 per machine hour.What is the amount of manufacturing overhead allocated to Job 300X using machine hours as the allocation base?

• A) $473
• B) $215
• C) $688
• D) $258

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Definitions:

Managerial Positions

Jobs that involve overseeing and directing the functions and activities of employees, departments, or organizations.

Time-And-Motion Studies

The analysis of work processes to improve efficiency by reducing wasted motions and optimizing task performance.

Knowledge-Driven Economy

An economy where growth is primarily based on the production, distribution, and use of knowledge and information.

Personality-Related Position

A job role that is aligned with the personality traits of the individual, enhancing job satisfaction and performance.