Job 731 Was Recently Completed A) $3,288
B) $5,094

question 8

Multiple Choice

Job 731 was recently completed.The following data have been recorded on its job cost sheet: The company applies manufacturing overhead on the basis of machine-hours.The predetermined overhead rate is $14 per machine-hour.The total cost that would be recorded on the job cost sheet for Job 731 would be:
$$\begin{array} { | l | r | l | } \hline \text { Direct materials } & \$ 2,391 & \\\hline \text { Direct labor-hours } & 69 & \text { labor-hours } \\\hline \text { Direct labor wage rate } & \$ 13 & \text { per labor-hour } \\\hline \text { Machine-hours } & 129 & \text { machine-hours } \\\hline\end{array}$$

• A) $3,288.
• B) $5,094.
• C) $4,254.
• D) $2,418.

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Definitions:

Level

A stage, degree, or magnitude in a hierarchical system, often used to describe intensity, development, or achievement.

Overextraction

The process of extracting natural resources faster than they can be replenished, leading to depletion or degradation of those resources.

User Cost

The cost of using a durable good or capital, considering factors like depreciation and the opportunity cost of not investing the funds elsewhere.

Extraction Cost

The expenses associated with removing natural resources from the earth or sea, including labor, equipment, and regulatory compliance costs.