Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Recently, Job T629 was completed with the following characteristics:
The predetermined overhead rate is closest to:
A) $8.10 per machine-hour
B) $2.10 per machine-hour
C) $3.90 per machine-hour
D) $6.00 per machine-hour

Question

Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:  Recently, Job T629 was completed with the following characteristics:
 The predetermined overhead rate is closest to:
A) $8.10 per machine-hour 
B) $2.10 per machine-hour 
C) $3.90 per machine-hour 
D) $6.00 per machine-hour

Quizplus · Accepted Answer

The Answer of Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:  Recently, Job T629 was completed with the following characteristics:
 The predetermined overhead rate is closest to:
A) $8.10 per machine-hour 
B) $2.10 per machine-hour 
C) $3.90 per machine-hour 
D) $6.00 per machine-hour

Harootunian Corporation Uses a Job-Order Costing System with a Single