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If they use a mark up percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established? i
If they use a mark up percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established? i cannot figure out how to calculate this! can someone explain? thank you!
Selling price per unit 154,000 $ 656,000 $ 4.90 Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine hour Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials Direct labor cost Machine-hours used $ 300 $ 230 33
i cannot figure out how to calculate this! can someone explain? thank you!
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