Business, 26.03.2021 01:00 ivetter5333

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 $488,000, variable manufacturing overhead of $2.80 per machine-hour, and 61,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: Number of units in the job 20 Total machine-hours 80 Direct materials $ 880 Direct labor cost $ 1,760 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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