London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job...
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London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job 8056 consists of 3,000 es; sech he sells for $17. The company's mod show the following direct materials were requisitioned for Job #256 Basic terra cotta tiles: 3,000 units at $10 per unit Specialty paint: 5 quarts at $15 per quart High gloss glaze: 4 quarts at $17 per quart Labor time records show the following employees worked on Job #266 Alice Cooper: 19 hours at $26 per hour Matthew Kline: 25 hours at $18 per hour Sierra Ceramics allocates manufacturing overhead at a rate of $34 per direct labor hour What is the gross profit per tile on Job #266? (Round intermediate and the final answer to the nearest cent) A. $6.14 B. $6.95 c. $16.50 D. $17.00 London Ceramics makes custom ceramic tiles. During March, the company started and finished Job #266. Job 8056 consists of 3,000 es; sech he sells for $17. The company's mod show the following direct materials were requisitioned for Job #256 Basic terra cotta tiles: 3,000 units at $10 per unit Specialty paint: 5 quarts at $15 per quart High gloss glaze: 4 quarts at $17 per quart Labor time records show the following employees worked on Job #266 Alice Cooper: 19 hours at $26 per hour Matthew Kline: 25 hours at $18 per hour Sierra Ceramics allocates manufacturing overhead at a rate of $34 per direct labor hour What is the gross profit per tile on Job #266? (Round intermediate and the final answer to the nearest cent) A. $6.14 B. $6.95 c. $16.50 D. $17.00
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