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Calculations #6 7 Inigo's Pharmaceuticals allocates manufacturing overhead costs on the basis of direct labour hours. The firm's budget projected that it would incur $67,080

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Calculations #6 7 Inigo's Pharmaceuticals allocates manufacturing overhead costs on the basis of direct labour hours. The firm's budget projected that it would incur $67,080 of manufacturing overhead. They also budgeted for 10,400 hours of direct labour at a wage rate of $15 per direct labour hour. Inigo's completed four jobs over the course of the year. Information regarding the four jobs is presented below. 18.5 points 012703 Job 111 Job 222 Job 333 Job 444 Total Direct Materials cost $1,500 $2,200 $750 $3,600 $8.050 Direct Labour Hours Used 125 din 275 dih 95 din 350 din 845 dih Machine Hours Used 50 m 125 mh 75 m 230 m 480 m If the firm applies a markup of 80% to determine the price of their jobs, what was the price of Job333? ROUND YOUR ANSWER TO THE NEAREST WHOLE CENT (1.2. a dollar amount with two decimal places) B 1 Price of Job 333

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