Rondo Corporation Uses a Job-Order Costing System with a Single

Essay

Rondo 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:
Recently Job T506 was completed with the following characteristics:
Required:
a.Calculate the estimated total manufacturing overhead for the year.
b.Calculate the predetermined overhead rate for the year.
c.Calculate the amount of overhead applied to Job T506.
d.Calculate the total job cost for Job T506.
e.Calculate the unit product cost for Job T506.
f.Calculate the selling price for Job T506 if the company marks up its unit product costs by 20%.