Candle Corp applies manufacturing overhead costs to products at a budgeted indirect - cost rate...

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Accounting

Candle Corp applies manufacturing overhead costs to products at a budgeted indirect - cost rate of $70 per direct manufacturing labor - hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $47,000,350 direct manufacturing labor - hours at $45 per hour, and a 50% markup rate on total manufacturing costs
The bid price for this special order is
A. $55,750
B. $107,250
C. $94,125
D. $130,875
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