Bolander 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 the following data:Total machine-hours70,000Total fixed manufacturing overhead cost$294,000Variable manufacturing overhead per machine-hour$2.30Recently, Job M825 was completed with the following characteristics:Number of units in the job20Total machine-hours80Direct materials$665Direct labor cost$1,840If the company marks up its unit product costs by 40% then the selling price for a unit in Job M825 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $211.75
B. $175.35
C. $231.75
D. $60.50
Answer: A
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