Levron 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 total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed: The unit product cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176.60
B) $157.00
C) $44.60
D) $44.15

Question

Levron 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 total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:  The unit product cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176.60 
B) $157.00 
C) $44.60 
D) $44.15

Quizplus · Accepted Answer

The Answer of Levron 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 total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:  The unit product cost for Job P978 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176.60 
B) $157.00 
C) $44.60 
D) $44.15

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