following data: Total machine-hours 55,000 $330,000 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour Recently, Job D753 was completed with the following characteristics: Number of units in the 40 job Total machine-hours 100 Direct materials 700 Direct labor cost $1,300 If the company marks up its unit product costs by 60% then the selling price for a unit in Job D753 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $448 $124 $228 $182
following data: Total machine-hours 55,000 $330,000 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour Recently, Job D753 was completed with the following characteristics: Number of units in the 40 job Total machine-hours 100 Direct materials 700 Direct labor cost $1,300 If the company marks up its unit product costs by 60% then the selling price for a unit in Job D753 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $448 $124 $228 $182
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:95377-CZ company a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The 95377-CZ company based its predetermined overhead rate for the current year on the
following data:
Total machine-hours
55,000
Total fixed manufacturing overhead cost
Variable manufacturing overhead per machine-
$330,000
$
hour
Recently, Job D753 was completed with the following characteristics:
Number of units in the
40
job
Total machine-hours
100
Direct materials
$
700
Direct labor cost
$1,300
If the company marks up its unit product costs by 60% then the selling price for a unit in Job D753 is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$448
$124
$228
$182
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