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Question 2-job order costing: Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based

Question 2-job order costing: Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:

Number of units in the job

10

Total direct labor-hours

50

Direct materials

$

920

Direct labor cost

$

1,400

If the company marks up its unit product costs by 40% then the selling price for a unit in Job K818 is: (Round your intermediate calculations to 2 decimal places.)

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