Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
devildoc devildoc
wrote...
Go to Answer
Posts: 162
Rep: 0 0
A year ago

Sutter 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-hours10,000
Total fixed manufacturing overhead cost$ 35,000
Variable manufacturing overhead per machine-hour$ 2.20

Recently, Job T369 was completed with the following characteristics:

Number of units in the job10
Total machine-hours40
Direct materials$ 750
Direct labor cost$ 1,560

If the company marks up its unit product costs by 20% then the selling price for a unit in Job T369 is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $324.56

▸ $304.56

▸ $277.20

▸ $50.76
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
sagitario81sagitario81
wrote...
#1
Posts: 124
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

devildoc Author
wrote...

A year ago
You make an excellent tutor!
einstein
wrote...

Yesterday
Thanks
sadiewolf
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  2084 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 164
  
 2573
  
 2067
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Who's your favorite biologist?