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Gobor-387 Inc. uses a job-order costing system with a predetermined overhead rate using machine hours as the allocation base. The company made the following
Gobor-387 Inc. uses a job-order costing system with a predetermined overhead rate using machine hours as the allocation base. The company made the following estimates at the beginning of last year Total fixed manufacturing overhead cost Total machine-hours Variable manufacturing overhead per machine-hour 30,700 $337,700 $4.00 Gobor-387 Inc. started and completed Job X289 last year. It recorded the following information for Job X289 Number of units in the job Total machine-hours Direct materials Direct labor cost 10 20 $575 $1,150 The company uses a markup percentage of 40% of its total manufacturing cost in determining selling price. The selling price per unit the company would charge for Job X289 is closest to: (Round your calculations to 2 decimal places.) Multiple Choice O O $24150 $283.50 $285.00 $81.00
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