Lamberson 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 P647 was completed with the following characteristics:
Required:a. Calculate the amount of overhead applied to Job P647.b. Calculate the total job cost for Job P647.c. Calculate the unit product cost for Job P647.

Question

Lamberson 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 P647 was completed with the following characteristics:
  Required:a. Calculate the amount of overhead applied to Job P647.b. Calculate the total job cost for Job P647.c. Calculate the unit product cost for Job P647.

Quizplus · Accepted Answer

The Answer of Lamberson 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 P647 was completed with the following characteristics:
  Required:a. Calculate the amount of overhead applied to Job P647.b. Calculate the total job cost for Job P647.c. Calculate the unit product cost for Job P647.

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