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How much should be charged for the job

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Question - Aston Villa Ltd makes windscreens for cars. Management have decided they would like to implement a full cost recovery system as detailed below.

The overhead recovery rate is based on direct labour cost. Profit (mark-up) will be 12% of full costs.

Annual Budget Forecast $

Direct Materials 50,000

Direct Labour 60,000

Variable Overheads 2,400

Advertising for Business 4,000

Rent of Premises 10,000

Depreciation 20,000

Administration expenses 12,000

A job order for 300 windscreens costing $5,000 in direct materials and $6,000 in direct labour has been received. How much should be charged for the job in total (to the nearest dollar)?

Reference no: EM132995857

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