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What was the selling price of the job

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Question - Just for the Halibut, Inc. designs and manufactures custom made fishing rods. On June 1, it had one job started with a beginning Work in Process balance of $504. During June the job was finished and sold. Direct labor for the job in June was $75 and direct materials used were $60. Direct laborers 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: EM132651358

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