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Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirectcost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a

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Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirectcost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000;400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs. Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirectcost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000;400 direct manufacturing labor-hours at $20 per hour; and a 30\% markup rate on total manufacturing costs. Compute the bid price for this special order. Example of Answer: 4000 (No comma, space, decimal point, or $ sign)

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