Time left 1:18:01 Oman Marble Company has two processing departments, Cutting and Polishing. The company uses a multiple predetermined overhead rate in each processing department under job-order...


Time left 1:18:01<br>Oman Marble Company has two processing departments, Cutting and Polishing. The<br>company uses a multiple predetermined overhead rate in each processing department<br>under job-order costing system. The Cutting Department's predetermined overhead rate<br>is based on machine-hours and the Polishing Department's predetermined overhead rate<br>is based on direct labor cost. At the beginning of the current period, the company records<br>show the following estimated information:<br>Cutting<br>Polishing<br>Direct Labor cost per hour<br>$<br>20<br>70<br>Direct labor-hours<br>5,000<br>10,000<br>Machine-hours<br>20,000<br>5,000<br>Total fixed manufacturing overhead cost<br>$ 100,000<br>$ 60,000<br>Variable manufacturing overhead per machine-hour<br>$<br>Variable manufacturing overhead per direct labor-hour<br>24<br>8.<br>During the current period the company started and finished a job order number 3122.<br>The job cost sheet shows the following data for this job:<br>Job3122:<br>Cutting<br>Polishing<br>Machine-hours<br>90<br>20<br>Direct labor-hours<br>30<br>60<br>Direct materials<br>2$<br>800<br>$4<br>250<br>Direct labor cost<br>24<br>450<br>$ 5,000<br>The total job cost for Job3122 is closest to:<br>a. $ 8,130<br>b.<br>None of the given answer<br>MacBook Air<br>

Extracted text: Time left 1:18:01 Oman Marble Company has two processing departments, Cutting and Polishing. The company uses a multiple predetermined overhead rate in each processing department under job-order costing system. The Cutting Department's predetermined overhead rate is based on machine-hours and the Polishing Department's predetermined overhead rate is based on direct labor cost. At the beginning of the current period, the company records show the following estimated information: Cutting Polishing Direct Labor cost per hour $ 20 70 Direct labor-hours 5,000 10,000 Machine-hours 20,000 5,000 Total fixed manufacturing overhead cost $ 100,000 $ 60,000 Variable manufacturing overhead per machine-hour $ Variable manufacturing overhead per direct labor-hour 24 8. During the current period the company started and finished a job order number 3122. The job cost sheet shows the following data for this job: Job3122: Cutting Polishing Machine-hours 90 20 Direct labor-hours 30 60 Direct materials 2$ 800 $4 250 Direct labor cost 24 450 $ 5,000 The total job cost for Job3122 is closest to: a. $ 8,130 b. None of the given answer MacBook Air

Jun 11, 2022
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