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Home Q & A Board Other Fields Homework Help Business Accounting
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agoldberg2011 agoldberg2011
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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:
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scmhackscmhack
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A year ago
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agoldberg2011 Author
wrote...

A year ago
Smart ... Thanks!
ezsancheezy
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Yesterday
Thanks
spaghetti
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2 hours ago
Good timing, thanks!
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