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Hill inc designs and manufacturers fishing rods on june 1

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Hill Inc, designs and manufacturers fishing rods. On June 1 it had one job with a beginning WIP balance of 565. During June the job was finished and sold. Direct labor for the job cost was $75 and direct materials used were $60. Direct labors are paid a wage rate of $15 per hour and manufacturing overhead is applied to production at a rate of $10 per direct labor hour. The company marks up costs 35% to determine the selling price. What was the selling price of the job?

Reference no: EM13578706

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