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Hed LLC uses a job order costing system with a single plant wide predetermined overhead...

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Accounting

Hed LLC uses a job order costing system with a single plant wide predetermined overhead rate based on machine hours. The LLC based its predetermined overhead rate for the current year on this data:

Total Machine hours - 31,399

Total fixed manufacturing overhead cost - $464,400

Variable manufactign overhead per machine hour - 4.10

Recently Job T687 was completed with this data:

Number of units in job - 10

total machine hours - 29

direct materials - 784

direct labor cost - 2760

If the company marks up its unit product costs by 50% then the selling price for a unit in Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.

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