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Montgomery industries allocated MOH based on a predetermined rate of 250% of DL cost. Job #520 is a batch of 20 identical units. The job
Montgomery industries allocated MOH based on a predetermined rate of 250% of DL cost. Job #520 is a batch of 20 identical units. The job cost record showed that $400 of DL had been traced to the job and $850 of DM had been traced to the job. Each unit will be sold for $150. What gross profit does Montgomery expect to make on each unit? O A. $112.50 B. $37.50 C. $62.50 OD. $87.50
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