Multiple Choice
Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked. Materials are assigned to each job according to actual cost.
- Jobs are marked up 20% above cost to determine the selling price. If Job M-47 used $350 of materials and took 20 hours of labor to complete, what is the selling price of the job?
A) $456
B) $708
C) $1,140
D) $720
E) $852
Correct Answer:
Verified
Correct Answer:
Verified
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