American Corp. bases its predetermined overhead rate on direct labor hours. American Corp, incurs $36,000 in direct materials, $12,000 in direct labor costs, 420 machine hours, 340 direct labor hours and has a predetermined overhead rate of $4.40 per direct labor hour for their product. If American sells their product for 30% more than the cost to make it, what is the selling price for the product? O A $64,344.80 B. $14,848,80 C. 562,400 O D. $64,802.40 Reset Selection Mark for Review What's This? Product A includes $2,500 of direct materials, $1,250 of direct labor, and has a predetermined overhead rate of $5 per machine hour. If 225 machine hours were worked on Product A, and the manufacturer would like to sell it for 30% more than its cost, what would be the selling price of Product A? A. $4,881.50 B. $6,337.50 C. $638 D. $4,860 Reset Selection Mark for Review What's This? Alcott Inc has a predetermined overhead rate of $6.30 per direct labor hour. During February 2021, Alcott Inc. incurred $40,000 of direct materials costs and $20,000 of direct labor costs for 2,000 hours worked. What is the total product cost for Alcott Inc.? A. $12,600 B. $72,600 OC. 560,000 D. 562,000 Reset Selection Mark for Review What's This? Job 123 consists of $612 of direct materials, $450 of direct labor, and took 30 direct labor hours to complete. If the predetermined overhead rate for job 123's $12 per direct labor hour, and there are 60 units produced, what is the product cost per unit for Job 123? A $59.40 8. 523.70 C. $28.95 D. $13.20 Reset Selection Mark for Review What's This