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AVT Medical Supplies, uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. AVT based its predetermined overhead rate

AVT Medical Supplies, uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. AVT based its predetermined overhead rate for the current year on 38,000 direct labor-hours, total fixed manufacturing overhead cost of $250,800, and a variable manufacturing overhead rate of $2.40 per direct labor-hour. Job LGLTRGRTNYC, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:

Total direct labor-hours 400
Direct materials $ 800
Direct labor cost $ 5,800

Required:

Calculate the selling price for Job LGLTRGRTNYC if the company marks up its unit product costs by 20%. (Round intermediate calculations and final answer to 2 decimal places.)

image text in transcribed

Selling price per unit

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