Calculate the selling price

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Question - Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 21,000direct labor-hours, total fixed manufacturing overhead cost of $163800, and a variable manufacturing overhead rate of $3.30 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours 200 Direct materials $ 400 Direct labor cost $ 6,700. Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%.

Reference no: EM132979030

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