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A company currently has a plantwide predetermined overhead rate of $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The
A company currently has a plantwide predetermined overhead rate of $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The following information pertains to Job A-500:
Direct materials $231
Direct labor $153
Based on the total manufacturing cost and a markup of 75%, what would be the selling price of Job A-500?
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