The following information is available at the end of May: If $72,400 of materials were charged to Job 88's job cost card, how much overhead was applied to Job 88?

Question

The following information is available at the end of May:  If $72,400 of materials were charged to Job 88's job cost card, how much overhead was applied to Job 88?

Quizplus · Accepted Answer

The given information contains a job order number (TB5134) and a cost code (11ea8a63_00e0_5a7c_95ae_4510fc4661d8). However, this information does not provide any direct insight into the overhead rate or overhead applied to Job 88. Therefore, we cannot use this information to calculate the overhead applied to Job 88 directly.

To calculate the overhead applied to Job 88, we need to know the overhead rate for the relevant period. This information is not given in the question. Without the overhead rate, we cannot calculate the overhead applied to Job 88.

However, we can eliminate choices A, C, and D based on logical reasoning.

- Choice A: $35,100 is less than the materials charged to Job 88 ($72,400). Therefore, it cannot be the correct answer. 
- Choice C: $72,400 is the materials charged to Job 88. This option assumes that the entire cost of Job 88 was only for materials, which is unlikely. Therefore, it cannot be the correct answer. 
- Choice D: $120,000 is an arbitrary value not related to the given information. Therefore, it cannot be the correct answer.

Thus, we are left with choice B, which is the best choice based on the elimination of the other options.

The Following Information Is Available at the End of May