Home /
Expert Answers /
Accounting /
mahon-corporation-has-two-production-departments-casting-and-customizing-the-company-uses-a-job-pa153
(Solved):
Mahon Corporation has two production departments, Casting and Customizing. The company uses a job- ...
Mahon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing 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 T138. The following data were recorded for this job: The amount of overhead applied in the Customizing Department to Job T138 is closest to: (Round your intermediate calculations to 2 decimal places.) \[ \begin{array}{l} \$ 720.00 \\ \$ 93,480.00 \\ \$ 360.00 \\ \$ 1,026.00 \end{array} \]