Saved Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold....

80.2K

Verified Solution

Question

Accounting

image
image
image
image
image
image
Saved Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Help Save & Exit The cost of goods manufactured for July is: Multiple Choice $243,800 O $223.800 O $232,800 O Cuil 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 $401,200, variable manufacturing overhead of $2.10 per machine-hour, and 59,000 machine hours. The company has provided the following data concerning Job X455 which was recently completed 10 Number of units in the job Total machine-hours Direct materials Direct labor cost $ 880 $1,760 if the company marks up its unit product costs by 25% then the selling price for a unit in Job X455 is closest to (Round your Intermediate calculations to 2 decimal places.) Help Save & Exit Submit S83.80 $444 00 6 S419.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students