Solved

Twinkle Ornaments Company Uses Job Costing

Question 172

Multiple Choice

Twinkle Ornaments Company uses job costing. Twinkle Ornaments Company has two departments, Trimming and Finishing. Manufacturing overhead is allocated based on direct labor cost in the Trimming Department and direct labor hours in the Finishing Department. The following additional information is available: Twinkle Ornaments Company uses job costing. Twinkle Ornaments Company has two departments, Trimming and Finishing. Manufacturing overhead is allocated based on direct labor cost in the Trimming Department and direct labor hours in the Finishing Department. The following additional information is available:   Actual data for completed Job No. 650 is as follows:   What is the predetermined manufacturing overhead rate for the Trimming Department? A) 80% of direct labor cost B) 125% of direct labor cost C) 103% of direct labor cost D) 100% of direct labor cost Actual data for completed Job No. 650 is as follows:
Twinkle Ornaments Company uses job costing. Twinkle Ornaments Company has two departments, Trimming and Finishing. Manufacturing overhead is allocated based on direct labor cost in the Trimming Department and direct labor hours in the Finishing Department. The following additional information is available:   Actual data for completed Job No. 650 is as follows:   What is the predetermined manufacturing overhead rate for the Trimming Department? A) 80% of direct labor cost B) 125% of direct labor cost C) 103% of direct labor cost D) 100% of direct labor cost What is the predetermined manufacturing overhead rate for the Trimming Department?


A) 80% of direct labor cost
B) 125% of direct labor cost
C) 103% of direct labor cost
D) 100% of direct labor cost

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents