Job 3827 was started and completed in 2017. The job required 500 machine hours, 1,100 direct labor hours, and $76,000 in direct materials to complete. What was the total cost of this job? Using Bonitas 80% markup, what sales price would be charged for this airplane?

Total Cost

Sales Price

At the end of 2016, Bonitas accountants developed the following expectations for 2017 based on the marketing departments sales forecast:

Budgeted overhead cost		$1,110,000
Estimated machine hours		54,000
Estimated direct labor hours		8,000
Estimated direct materials cost		$1,520,000