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Home Q & A Board Other Fields Homework Help Business Accounting
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devildoc devildoc
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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:
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sagitario81sagitario81
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A year ago
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