The JOC-26139 company uses a job-order costing system with a predetermined overhead rate using direct labor...
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The JOC-26139 company uses a job-order costing system with a predetermined overhead rate using direct labor hours as the allocation base. The company made the following estimates at the beginning of last year: Direct labor-hours required for the estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour 159,000 $ 654,000 $ 4.80 The JOC-26139 company started and completed Product A269 last year. It recorded the following information for Product A269: Direct materials Direct labor cost Direct labor hours used Number of units produced $ 400 $ 220 30 hours 50 units The JOC-26139 company uses a markup percentage of 120% of its total manufacturing cost in determining selling price. The selling price per unit the company would charge for Product A269 is closest to: (Carry out your calculations up to 2 decimal places) $ 17.75 $ 40.67 O $ 42.40 $ 39.04 The JOC-26139 company uses a job-order costing system with a predetermined overhead rate using direct labor hours as the allocation base. The company made the following estimates at the beginning of last year: Direct labor-hours required for the estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour 159,000 $ 654,000 $ 4.80 The JOC-26139 company started and completed Product A269 last year. It recorded the following information for Product A269: Direct materials Direct labor cost Direct labor hours used Number of units produced $ 400 $ 220 30 hours 50 units The JOC-26139 company uses a markup percentage of 120% of its total manufacturing cost in determining selling price. The selling price per unit the company would charge for Product A269 is closest to: (Carry out your calculations up to 2 decimal places) $ 17.75 $ 40.67 O $ 42.40 $ 39.04
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