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Just for theHalibut, Inc. designs and manufactures custom made fishing rods. On June1, it had one job started with a beginning Work in Process balance

Just for theHalibut, Inc. designs and manufactures custom made fishing rods. On June1, it had one job started with a beginning Work in Process balance of $504. During June the job was finished and sold. Direct labor for the job in June was$75 and direct materials used were$60. Direct laborers are paid a wage rate of$15 per hour and manufacturing overhead is applied to production at a rate of $10 per direct labor hour. The company marks up costs35% to determine the selling price. What was the selling price of thejob?

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