Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $2.20 per machine-hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$ 940Direct labor cost$ 2,240If the company marks up its unit product costs by 20% then the selling price for a unit in Job X455 is closest to:
A. $190.80
B. $238.32
C. $258.32
D. $39.72
Answer: B
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An inbound-to-operations logistics system is also referred to as
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