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Time left 0:42:51 Quiz navigation Question Greatness Company operates a job costing system. You are tasked with Untitled section 2 finding the selling price of
Time left 0:42:51 Quiz navigation Question Greatness Company operates a job costing system. You are tasked with Untitled section 2 finding the selling price of Job 1215. The following information was gathered: 1 2 3 Answer saved Direct Material $5,000 Marked out of Direct Labour hours 250 Structured Questions 10.00 4 5 6 7 8 9 Flag question Direct Expense $1,000 Labour Rate $18 13 Budgeted Production Overheads $2,600,000 Budgeted Activity 260,000 Finish attempt .. Production overheads are absorbed based on direct labour hours. Non- production overheads are absorbed at a rate of 120% of prime cost. Jobs have a margin of 20%. Calculate the price of Job 1215? [10 marks]
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