Needham Company Uses a Job Order Cost System A)$6,280
B)$10,280

question 67

Multiple Choice

Needham Company uses a job order cost system. During the month of September, the company worked on three jobs. The job order cost sheets for the three jobs contained the following information at the end of September: The company applies overhead at 120% of direct labor cost.The total cost of Job A at the end of September was:
$$\begin{array} { | l | r | r | r | } \hline & { \text { Job A } } & { \text { Job B } } & { \text { Job C } } \\\hline \text { Beginning Balances } & \$ 4,000 & \$ 3,000 & \$ 6,000 \\\hline \text { Direct Materials } & 1,000 & 1,600 & 2,000 \\\hline \text { Direct Labor } & 2,400 & 4,600 & 1,800 \\\hline\end{array}$$

• A)$6,280.
• B)$10,280.
• C)$16,280.
• D)$11,720.

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Definitions:

Attribution

The process of explaining the causes of behavior and events, often by attributing them to personal dispositions, situations, or a combination of both.

Infer About Causes

Deduce or conclude information regarding the origins or reasons behind certain events or conditions.

Self-Fulfilling Prophecy

A belief or expectation that influences one's behavior in a way that causes the belief to become true.

Robert Merton

An influential sociologist known for his theories on social structure, anomie, and the self-fulfilling prophecy.