Question Completion Status: Bing Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine hours 10,000 Total fixed manufacturing overhead cost $35,000 Variable manufacturing overhead per machine-hour $2.20 Recently, Job K750 was completed with the following characteristics: Number of units in the job Total machine hours 10 40 $750 Direct materials Direct labor cost $1,560 If the company marks up its unit product costs by 20% then the selling price for a unit in Job K750 is closest to: $324.56 $304.56 Question Completion Status: Number of units in the job Total machine hours 10 40 $750 Direct materials Direct labor cost $1,560 if the company marks up its unit product costs by 20% then the selling price for a unit in Job K750 is closest to: $324.56 $304.56 $277.20 $50.76