Bundy Car Mechanic Inc. uses a job-order costing system. The company applies all of its overhead costs to jobs using a predetermined overhead rate based on direct labor-hours. At the beginning of the year, it made the following estimates: Direct labor-hours required to support estimated output 22,000 Fixed overhead cost $253,000 Variable overhead cost per direct labor-hour $ 1.00 During the year, a customer brought in her car for repairs. The following information was available with respect to the car's repairs: Direct materials Direct labor cost Direct labor-hours used $703 $317 8 If Bundy sets its selling prices by adding a markup percentage of 40% of its total job cost, then how much would Bundy have charged this customer for her car's repairs? If Bundy sets its selling prices by adding a markup percentage of 40% of its total job cost, then how much would Bundy have charged this customer for her car's repairs? Multiple Choice $1,400 O $1,020 $1,568 $1120