Business, 10.03.2020 08:11 RiyaTailz3346
Cull 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 $358,400, variable manufacturing overhead of $2.30 per machine-hour, and 56,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:
Number of units in the job 10
Total machine-hours 80
Direct materials $810
Direct labor cost $1,620
If the company marks up its unit product costs by 20% then the selling price for a unit in Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)
a. $379.92
b. $63.32
c. $316.60
d. $399.92
Answers: 2
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Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate...
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