Cull 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 $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: The amount of overhead applied to Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176
B) $792
C) $968
D) $616

Question

Cull 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 $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:  The amount of overhead applied to Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176 
B) $792 
C) $968 
D) $616

Quizplus · Accepted Answer

The Answer of Cull 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 $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:  The amount of overhead applied to Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) $176 
B) $792 
C) $968 
D) $616

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