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

Multiple Choice

Lueckenhoff 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 total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:

-The amount of overhead applied to Job T498 is closest to:

A) $568
B) $192
C) $760
D) $952