Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
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Accounting
Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machinehours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $401.200, variable manufacturing overhead of $2.10 per machine-hour, and 59,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: If the company marks up its unit product costs by 25% then the selling price for a unit in Job X455 is closest to: Note: Round your intermediate calculations to 2 decimal places
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