Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone please help me with this question. I'll upvote for a fast response. A company calculates the prices of jobs by adding overheads to

Can someone please help me with this question. I'll upvote for a fast response.

image text in transcribed
A company calculates the prices of jobs by adding overheads to the prime cost and adding 3096 to total costs as a profit margin. Job number Y256 was sold for $1690 and incurred overheads of $ 694. What was the prime cost of the job? Select one: O a. $1300 b. $606 O C. $489 d. $996

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Business Strategy Audit

Authors: Vernal Della-Piana, Murray Low, Kendall Lyman

1st Edition

978-0955970740

More Books

Students also viewed these Accounting questions

Question

Identify the basic parts to a letter.

Answered: 1 week ago