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Business, 19.10.2020 22:01 bferguson8956

Obermeyer Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 10,000 direct labor-hours, total fixed manufacturing overhead cost of $96,000, and a variable manufacturing overhead rate of $3.60 per direct labor-hour. Job A735, which was for 40 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours 200
Direct materials $540
Direct labor cost $6,400

Required:
Calculate the selling price tot Job X941 if the company marks up its unit product costs by 20%

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