181
150) Bolander 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:
Total machine-hours
70,000
Total fixed manufacturing overhead cost
$ 294,000
Variable manufacturing overhead per machine-hour
$ 2.30
Recently, Job M825 was completed with the following characteristics:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 665
Direct labor cost
$ 1,840
The unit product cost for Job M825 is closest to:
A) $37.81
B) $59.25
C) $151.25
D) $125.25
183
151) Bolander 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:
Total machine-hours
70,000
Total fixed manufacturing overhead cost
$ 294,000
Variable manufacturing overhead per machine-hour
$ 2.30
Recently, Job M825 was completed with the following characteristics:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 665
Direct labor cost
$ 1,840
If the company marks up its unit product costs by 40% then the selling price for a unit in Job
M825 is closest to:
A) $60.50
B) $175.35
C) $211.75
D) $231.75
152) 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:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 940
Direct labor cost
$ 2,240
The amount of overhead applied to Job X455 is closest to:
A) $176
B) $792
C) $968
D) $616
153) 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:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 940
Direct labor cost
$ 2,240
The total job cost for Job X455 is closest to:
A) $3,972
B) $1,732
C) $3,180
D) $3,032
Direct materials
Direct labor
Manufacturing overhead applied
Total cost of Job X455
187
154) 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:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 940
Direct labor cost
$ 2,240
The unit product cost for Job X455 is closest to:
A) $86.60
B) $159.00
C) $198.60
D) $49.65
189
155) 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:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 940
Direct labor cost
$ 2,240
If the company marks up its unit product costs by 20% then the selling price for a unit in Job
X455 is closest to:
A) $258.32
B) $190.80
C) $39.72
D) $238.32
156) Kostelnik 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 $237,000,
variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The
company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 500
Direct labor cost
$ 2,160
The amount of overhead applied to Job A496 is closest to:
A) $1,256
B) $632
C) $944
D) $312
157) Kostelnik 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 $237,000,
variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The
company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 500
Direct labor cost
$ 2,160
The total job cost for Job A496 is closest to:
A) $2,660
B) $3,104
C) $3,604
D) $1,444
Direct materials
Direct labor
Manufacturing overhead applied
Total cost of Job A496
193
158) Kostelnik 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 $237,000,
variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The
company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 500
Direct labor cost
$ 2,160
The unit product cost for Job A496 is closest to:
A) $133.00
B) $72.20
C) $45.05
D) $180.20
195
159) Kostelnik 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 $237,000,
variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The
company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job
20
Total machine-hours
80
Direct materials
$ 500
Direct labor cost
$ 2,160
If the company marks up its unit product costs by 40% then the selling price for a unit in Job
A496 is closest to:
A) $186.20
B) $272.28
C) $72.08
D) $252.28
197
160) Halbur Corporation has two manufacturing departments—Machining and Customizing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Customizing
Total
Estimated total machine-hours (MHs)
6,000
4,000
10,000
Estimated total fixed manufacturing overhead
cost
$
33,600
$
10,000
$
43,600
Estimated variable manufacturing overhead cost
per MH
$
1.80
$
2.80
During the most recent month, the company started and completed two jobs—Job C and Job J.
There were no beginning inventories. Data concerning those two jobs follow:
Job C
Job J
Direct materials
$
$
8,100
Direct labor cost
$
$
6,300
Machining machine-hours
1,900
Customizing machine-hours
2,400
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on
machine-hours. The amount of manufacturing overhead applied to Job J is closest to:
A) $28,208
B) $18,748
C) $12,464
D) $15,744
161) Halbur Corporation has two manufacturing departments—Machining and Customizing. The
company used the following data at the beginning of the year to calculate predetermined
overhead rates:
Machining
Customizing
Total
Estimated total machine-hours (MHs)
6,000
4,000
10,000
Estimated total fixed manufacturing overhead
cost
$
33,600
$
10,000
$
43,600
Estimated variable manufacturing overhead cost
per MH
$
1.80
$
2.80
During the most recent month, the company started and completed two jobs—Job C and Job J.
There were no beginning inventories. Data concerning those two jobs follow:
Job C
Job J
Direct materials
$
$
8,100
Direct labor cost
$
$
6,300
Machining machine-hours
1,900
Customizing machine-hours
2,400
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on
machine-hours. The total manufacturing cost assigned to Job C is closest to:
A) $18,500
B) $67,192
C) $11,300
D) $37,392
Estimated fixed manufacturing overhead
33,600
Estimated variable manufacturing overhead
($1.80 per MH × 6,000 MHs)
10,800
Estimated total manufacturing overhead cost
44,400
Estimated fixed manufacturing overhead
10,800
Estimated variable manufacturing overhead
($2.80 per MH × 4,000 MHs)
11,200
Estimated total manufacturing overhead cost
21,200