What is the selling price to the customer of Job

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Problem - The following information relates to Job. No. 2468, which is being carried out by a company to meet

A customer's order: Dept A Dept B

Direct materials consumed P5,000 P3,000

Direct labor rate per hour P4 P5

Production overhead per DL hour P4 P4

Direct labor hours employed 400 200

Administrative and other overhead costs 20% of full production cost

Profit mark up 25% of selling price

What is the selling price to the customer of Job. No. 2468?

Reference no: EM132956999

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