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XYZ Company uses a job order costing system and has set a pre-determined overhead rate of 125% of direct labor cost. Job #231 was charged
XYZ Company uses a job order costing system and has set a pre-determined
overhead rate of 125% of direct labor cost. Job #231 was charged with
direct materials of $18,000 and with overhead of $20,000. Assume XYZ
Company prices its jobs at 60% above manufacturing cost.
Calculate the price charged to the customer for Job #231.
I got 86400 is that correct?
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