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Use the Following Information to Complete Exercises Below

Question 65

Essay

Use the following information to complete Exercises below:
Hijinx Company projected the following overhead costs and cost drivers for past year (assume that actual overhead and budgeted overhead were the same):
Use the following information to complete Exercises below:  Hijinx Company projected the following overhead costs and cost drivers for past year (assume that actual overhead and budgeted overhead were the same):    Hijinx contracted for 2 jobs, both of which were completed during the year. Production managers reported the following data in relation to these jobs:     NOTE: Round per-cost-driver costs in intermediate calculations to two decimal places -What is the total cost of Job 2? Hijinx contracted for 2 jobs, both of which were completed during the year. Production managers reported the following data in relation to these jobs:
Use the following information to complete Exercises below:  Hijinx Company projected the following overhead costs and cost drivers for past year (assume that actual overhead and budgeted overhead were the same):    Hijinx contracted for 2 jobs, both of which were completed during the year. Production managers reported the following data in relation to these jobs:     NOTE: Round per-cost-driver costs in intermediate calculations to two decimal places -What is the total cost of Job 2? NOTE: Round per-cost-driver costs in intermediate calculations to two decimal places
-What is the total cost of Job 2?

Correct Answer:

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Job 2 Overhead:
23 setups x $2,430/setup...

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