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Comans Corporation has two production departments, Milling and Customizing. The company uses a job order costing system and computes a predetermined overhead rate in each
Comans Corporation has two production departments, Milling and Customizing. The company uses a job order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor hours. At the beginning of the current year, the company had made the following estimates Mining Customizing Machine-bourn 22,000 25,000 Direct Labor-hours 10,000 6,000 Total tixed manufacturing overhead cont $ 70,400 $ 19,200 Variable manufacturing overhead per machine-hour 51.00 Variable manufacturing overhead per direct labor-hour $4.60 During the current month the company started and finished Job A319. The following data were recorded for this job 40 5770 10 30 $ 220 Job A319 Hling Customizing Machine-hours 30 Direct labor-hours Direct materials Direct labor cost $420 $ 660 it the company marks up its manufacturing costs by 10% then the selling price for sob A319 would be closest to (Round your intermediate calculations to 2 decimal places) Mov choice 52540 Multiple Choice O $2,940 O $2,673 O O $2,430 O $243
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