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Question 5 3 pts Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company

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Question 5 3 pts 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 hout, 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 conts by 40% than the selling price for a unit ob KB1B is closest to (Round your intermediate calculations to 2 decimal places.)

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