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Joney-Bologna, Inc. makes custom-ordered, high-end sandwiches, On July 1, it had one job started for Kayla and Associates, Inc. with a Beginning Work-in-Progress Inventory balance

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Joney-Bologna, Inc. makes custom-ordered, high-end sandwiches, On July 1, it had one job started for Kayla and Associates, Inc. with a Beginning Work-in-Progress Inventory balance of $300. Direct Labor for the job in July was $50 and direct materials used for the job costed $75. Direct laborers are paid at a rate of $10 per hour. Manufacturing overhead is applied to production at a rate of $6 per direct labor hour. The company marks up costs 20% to determine the selling price. What was the selling price of the job that Kayla and Associates, Inc. had ordered? $564 $455 $546 $582 $186

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