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A company is pricing a customer's order. It prices its jobs by adding 20% to the total cost of the job. The prime cost of

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A company is pricing a customer's order. It prices its jobs by adding 20% to the total cost of the job. The prime cost of the job is 6,840 and it will use 156 direct labour hours. The fixed production overheads are absorbed on the basis of direct labour hours. The budgeted overhead absorption rate is based upon a budgeted fixed overhead of 300,000 and total budgeted direct labour hours of 60,000. What price should be charged for the job

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