Business, 16.03.2020 22:37 AshlynPlayz45

Cull 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 total fixed manufacturing overhead cost of $442,500, variable manufacturing overhead of $2.50 per machine-hour, and 59,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:

Number of units in the job 10
Total machine-hours 80
Direct materials $ 870
Direct labor cost $ 1,740

If the company marks up its unit product costs by 20% then the selling price for a unit in Job X455 is closest to:

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Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate...

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