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

question 114

Multiple Choice

Use the information below to answer the following question(s) .
Jim's Computer Products manufactures keyboards for computers. In June, the two production departments had budgeted allocation bases of 10,000 machine hours in Department 1 and 5,000 direct manufacturing labour hours in Department 2. The budgeted manufacturing overheads for the month were $34,500 and $37,500, respectively. For Job 501, the actual costs incurred in the two departments were as follows:

Job 501 incurred 1,000 machine hours in Department 1 and 300 manufacturing labour hours in Department 2. The company uses a budgeted departmental overhead rate for applying overhead to production.
-What is the total cost assigned to Job 501?

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Definitions:

Marriage Squeeze

A sex imbalance in the ratio of available unmarried women and men.

Marriage Squeeze

A demographic imbalance where the number of potential spouses does not align with the number of individuals seeking marriage, affecting marriage rates.

Sex Imbalance

A demographic condition where there is an uneven number of males and females in a population, often leading to various social and economic issues.

Recreational Activities

Leisure time activities performed for enjoyment, amusement, or pleasure.