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Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for
Bolander Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 70,000 Total fixed manufacturing overhead cost $ 294,000 Variable manufacturing overhead per machine-hour $ 2.30 Recently, Job M825 was completed with the following characteristics: Number of units in the job 20 Total machine-hours 80 Direct materials $ 665 Direct labor cost $ 1,840 If the company marks up its unit product costs by 40% then the selling price for a unit in Job M825 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $60.50 $175.35 $211.75 $231.75 Prev
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