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Home Q & A Board Other Fields Homework Help Business Accounting
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nrod1120 nrod1120
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A year ago

Beans 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 $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:

Number of units in the job10
Total direct labor-hours50
Direct materials$ 920
Direct labor cost$ 1,400

If the company marks up its unit product costs by 40% then the selling price for a unit in Job K818 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $363.30

▸ $103.80

▸ $383.30

▸ $324.80
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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HCho0HCho0
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A year ago
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nrod1120 Author
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A year ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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