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Milling Customizing Machine-hours 15,000 20,000 Direct labor-hours 11,000 5,000 Total fixed manufacturing overhead cost $ 82,500 $ 29,500 Variable manufacturing overhead per machine-hour $ 2.00
Milling Customizing Machine-hours 15,000 20,000 Direct labor-hours 11,000 5,000 Total fixed manufacturing overhead cost $ 82,500 $ 29,500 Variable manufacturing overhead per machine-hour $ 2.00 Variable manufacturing overhead per direct labor-hour $ 4.10 During the current month the company started and finished Job A319. The following data were recorded for this job: Job A319: Milling Customizing Machine-hours 60 10 Direct labor-hours 50 40 Direct materials $ 690 $ 220 Direct labor cost $ 740 $ 660 If the company marks up its manufacturing costs by 10% then the selling price for Job A319 would be closest to: Note: Round your intermediate calculations to 2 decimal places
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