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

question 12

Multiple Choice

Use the information below to answer the following question(s) .
Capable Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 892, which was recently completed. Direct materials used cost $6,300, the budgeted direct materials were $5,900. There were 180 direct labour hours worked on this job at a direct labour wage rate of $20 per hour; the budgeted direct labour wage rate was $21 per hour. There were 75 machine hours used on this job. The budgeted and actual indirect cost allocation rates are $32 and $29 per machine hour used, respectively.
-What is the total manufacturing cost of Job 892 using an actual overhead rate?

• A) $9,900
• B) $12,080
• C) $12,255
• D) $12,075

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Definitions:

Market Niche

A focused, targetable portion of a market defined by unique preferences or needs that distinguish it from the market at large.

Service Quality

The degree to which a service meets the customer's expectations and needs, often assessed through dimensions like reliability, responsiveness, assurance, empathy, and tangibles.

Four Seasons Hotels

An international luxury hospitality company known for its high-quality standards, exemplary service, and luxury accommodations in destinations around the world.

Human Capital

Represents the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or society.