Multiple Choice
Kubes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $90,000, variable manufacturing overhead of $3.50 per direct labor-hour, and 30,000 direct labor-hours. The company has provided the following data concerning Job A477 which was recently completed:
-If the company marks up its manufacturing costs by 20% then the selling price for Job T288 would be closest to:
A) $4,390.00
B) $878.00
C) $5,268.00
D) $5,795.00
Correct Answer:
Verified
Correct Answer:
Verified
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