Job Blue2B incurred the following: $15,000 direct material, $12,600 direct labor, 800 machine hours and 550 labor hours. The company uses a single plant-wide overhead rate based on machine hours. The overhead rate is $6 per machine hour. The markup percentage is 200%. What is the selling price for Job Blue2B?

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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