Business, 08.03.2021 20:00, callmedarthvadorplz

Mcewan 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 48,000 direct labor-hours, total fixed manufacturing overhead cost of $307,200, and a variable manufacturing overhead rate of $2.80 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data: Total direct labor-hours 300
Direct materials $600
Direct labor cost $6,400

Required:
Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%.

Answers: 3

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Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead ra...