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Mcewan Corporation uses a job - order costing system with a single plantwide predetermined overhead rate based on direct labor - hours. The company based
Mcewan Corporation uses a joborder costing system with a single plantwide predetermined overhead rate based on direct laborhours. The company based its predetermined overhead rate for the current year on direct laborhours, total fixed manufacturing overhead cost of $ and a variable manufacturing overhead rate of $ per direct laborhour. Job X which was for units of a custom product, was recently completed. The job cost sheet for the job contained the following data:
Total direct laborhours
Direct materials $
Direct labor cost $
Required:
Calculate the selling price for Job X if the company marks up its unit product costs by
Note: Round intermediate calculations and final answer to decimal places.
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