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Ajob order costing system uses a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current
Ajob order costing system uses 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 overhoed cost of $462,000, vanable manufacturing overhead of $2.20 per machine-hour and 60.000 machine-hours. The company has provided the following data conceming Job X which was recently completed Number of units in the job Total machine-hours 20 80 Direct materials Direct labor cost $940 $2,240 if the company marks up its unit product costs by 20% then the selling price for a unit in Job X is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choos OOO $25832 $90.80 $3972 $23832
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