Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...

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Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on 61,000 direct labor-hours, total fixed manufacturing overhead cost of $103,700, and a variable manufacturing overhead rate of $2.50 per direct labor-hour. Recently Job X387 was completed and required 130 direct labor-hours. Required: Calculate the amount of overhead applied to Job X387. (Do not round intermediate calculations.) Overhead applied to Job X387 Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the machine-hours for the upcoming year at 46,000 machine-hours. The estimated variable manufacturing overhead was $4.54 per machine-hour and the estimated total fixed manufacturing overhead was $1,297,660. The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $32.75 per machine-hour $4.54 per machine-hour $31.75 per machine-hour $28.21 per machine-hour Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Casting 16,000 14,000 $75,200 $ 1.30 Customizing 13,000 3,000 $10,500 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour Variable manufacturing overhead per direct labor-hour $ 4.40 The estimated total manufacturing overhead for the Customizing Department is closest to: Multiple Choice o $13,200 o $10,500 o $136,800 o $23,700 Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Number of units completed $ 64,900 1,235 DLHS $ 12 per DLH 4,700 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $36 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.) Unit product cost Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $58,870 505 labor-hours 13 per labor-hour 586 machine-hours 4,700 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 per machine- hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.) Unit product cost Lupo 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 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour 32,600 $ 195,600 $ 4.00 Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 550 $1,100 The unit product cost for Job T687 is closest to: Multiple Choice $65.00 $85.00 $165.00 $195.00

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