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3) Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage

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3) Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $ 48,870 405 labor-hours $13 per labor-hour 486 machine-hours 2,700 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 per machine-hour. Required: a) Compute the unit product cost that would appear on the job cost sheet for this job. b) Assume the company uses cost-plus pricing with a markup percentage of 80%. What selling price would the company have established? c) What is the gross profit on this job. (15 points)

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