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 unit product cost for Job T498 is closest to:
A) $55.38
B) $42.75
C) $91.75
D) $110.75
Correct Answer:
Verified
Correct Answer:
Verified
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