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

Sivret 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 the following data:

Total machine-hours80,000
Total fixed manufacturing overhead cost$ 624,000
Variable manufacturing overhead per machine-hour$ 3.10

Recently, Job M598 was completed with the following characteristics:

Number of units in the job60
Total machine-hours300
Direct materials$ 645
Direct labor cost$ 9,000

If the company marks up its unit product costs by 40% then the selling price for a unit in Job M598 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $321.35

▸ $225.05

▸ $86.10

▸ $301.35
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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snowcat012snowcat012
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A year ago
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qwertybio Author
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A year ago
Thanks
Ctownsend
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Yesterday
Good timing, thanks!
SlimyPencil
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2 hours ago
Correct Slight Smile TY
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