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Company XYZ uses a job order costing system. During the year, Job XY was started and completed. The total manufacturing cost of this job was
Company XYZ uses a job order costing system. During the year, Job XY was started and completed. The total manufacturing cost of this job was $15.000. The job includes 100 units. If the company uses a markup percentage of 60% of its total manufacturing cost, then what selling price per unit would it have established for Job XY? Select one: O a. 5255 O b. $240 O c None of the answers given O d. 590 O e. $210 Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be 5440,000 for the year. Actual manufacturing overhead was 5415,000 and actual labor hours were 22,000. The estimated direct labor hours for the year was 20,000. The amount of manufacturing overhead applied to production would be: Select one: O a. 5495,000 O b. $440,000 O c $484,000 O d. None of the answers given O e. $400,000
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