Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing...

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Accounting

Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Departments predetermined overhead rate is based on machine-hours and the Assembly Departments predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
FormingAssemblyMachine-hours20,00015,000Direct labor-hours2,0007,000Total fixed manufacturing overhead cost$ 138,000$ 58,100Variable manufacturing overhead per machine-hour$ 2.30Variable manufacturing overhead per direct labor-hour$ 3.00
During the current month the company started and finished Job A460. The following data were recorded for this job:
Job A460:FormingAssemblyMachine-hours8010Direct labor-hours3050
The amount of overhead applied in the Forming Department to Job A460 is closest to:
Note: Round your intermediate calculations to 2 decimal places.
Multiple Choice
$184,000.00
$184.00
$736.00
$664.00

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