Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
agoldberg2011 agoldberg2011
wrote...
Go to Answer
Posts: 113
Rep: 0 0
A year ago

Coates 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 total fixed manufacturing overhead cost of $249,000, variable manufacturing overhead of $3.80 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job X784 which was recently completed:

Number of units in the job50
Total machine-hours250
Direct materials$ 470
Direct labor cost$ 5,500

If the company marks up its unit product costs by 30% then the selling price for a unit in Job X784 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $253.87

▸ $233.87

▸ $53.97

▸ $155.22
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 29 times
1 Reply
Replies
Answer verified by a subject expert
scmhackscmhack
wrote...
#1
Posts: 121
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

agoldberg2011 Author
wrote...

A year ago
Smart ... Thanks!
Marcie D
wrote...

Yesterday
Just got PERFECT on my quiz
tcat
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1326 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 885
  
 671
  
 445
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Does a gender wage gap exist in America?