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Kalp Corporation Has Two Production Departments, Machining and Finishing

Question 177

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Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing 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: Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing 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:   During the current month the company started and finished Job K928. The following data were recorded for this job:   The total job cost for Job K928 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $810 B)  $4,275 C)  $2,060 D)  $2,215 During the current month the company started and finished Job K928. The following data were recorded for this job:
Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing 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:   During the current month the company started and finished Job K928. The following data were recorded for this job:   The total job cost for Job K928 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $810 B)  $4,275 C)  $2,060 D)  $2,215 The total job cost for Job K928 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) $810
B) $4,275
C) $2,060
D) $2,215

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