Figure 4-4 Mannitou Company Made the Following Predictions for 2016: Job

question 38

Multiple Choice

Figure 4-4
Mannitou Company made the following predictions for 2016: Job A2 (which was started and completed in June) used 3,000 direct labor hours, 2,000 machine hours, and $57,000 of prime costs.
-Bear Claw Industries uses a job-order costing system. The Molding Department applies overhead based on machine hours, while the Assembly Department applies overhead based on direct labor hours. The company made the following estimates at the beginning of the current year: The following information was available for Job No. 7-29, which was started and completed during August: The predetermined overhead rate for the molding department is

• A) $100.
• B) $83.
• C) $70.
• D) $50.

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Definitions:

Classroom

A room or environment where teaching and learning activities are conducted.

Response Cost

A behavior modification technique that involves the loss of a privilege or desired item as a consequence for undesirable behavior.

Classroom

A room or environment where teaching and learning activities occur, often within schools or educational institutions.

Desirable System

A system that is preferred or favorable due to its efficiency, effectiveness, or beneficial qualities.