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Question 4: 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
Question 4: 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 $1,024,720, variable manufacturing overhead of $5.05 per direct labor-hour, and 217,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: 30 Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 $ 608 $300 If the company marks up its unit product costs by 20% then the selling price for a unit in Job K818 is: (Round your intermediate calculations and your final answer to 2 decimal places.)
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