If the company marks up its unit product costs by 40% then the selling price...

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Accounting

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If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
Lupo Corporation uses a job order costing system with a single plantwice predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total Fixed manufacturing overhead cost Variable nanufacturing overhead per nachise-hous 32,600 3195,600 $ 4.00 Recently, Job T687 was completed with the following characteristics Number of units in the Sob Total machinebours Directonterinis Direct labor cost 10 30 $350 $1.100

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