Topic: Job Costing An industrial company produces a machine. Due to the market situation the company can only offer this machine for a net selling price of 127480. The company offers this machine with 10% bulk discount and 2% cash discount. The agents commission is 7% and the company wants to make 15% profit. The company calculates with 19800 wages and 900 special production costs and 940 special distribution costs. The latest Cost Allocation Sheet shows Material Overhead rate 8,5\%, Production Overhead rate 108\%, Administration Overhead rate 19% and Distribution Overhead rate 6,8%. Required: Calculate the highest price for raw material An industrial company produces tumble dryers. The production of one tumble dryer requires 280 raw material and 160 wages. The company calculates with 11% MOR, 120% POR, 10,5\% AOR and 6\% DOR and with 40 special distribution costs. Determine the profit in and % if the company grants 12% agents commission, 3% cash discount and 15% bulk discount. The company offers the tumble dryer with a net selling price of 1259