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Sutter Corporation uses a job-order costing system with a single plantwide predetermined overhead ...

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Sutter Corporation uses a job-order costing system with a single plantwide predetermined overhead ...

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-hours	10,000
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 job	10
Total machine-hours	40
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

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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devildoc Author

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Thank you, thank you, thank you!

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This helped my grade so much Perfect

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Thanks for your help!!

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