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Compute the selling price for a unit in Job

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Reference no: EM133106325

Question - Cull Corporation uses a job-order costing system with a single plant wide 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 $552,000, variable manufacturing overhead of $230 per machine-hour, and 69,000 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 $970

Direct labor cost $1,940

If the company marks up its unit product costs by 20% then compute the selling price for a unit in Job X455?

Reference no: EM133106325

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