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