Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. just for the halibut, inc. designs and manufacture

Just for the Halibut, Inc. designs and manufactures custom made fishing rods. On June 1,...

50.1K

Verified Solution

Question

Accounting

Just for the Halibut, Inc. designs and manufactures custom made fishing rods. On June 1, it had one job started with a beginning Work in Process balance of $526. During June the job was finished and sold. Direct labor for the job in June was $75 and direct materials used were $60. Direct laborers are paid a wage rate of $15 per hour and manufacturing overhead is applied to production at a rate of $10 per direct labor hour. The company marks up costs 35% to determine the selling price. What was the selling price of the job?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What would happen to the expression of the trp operon if you replace the key tryptophan...

Biology
Q

Describe TWO specific cellular mechanisms through which a bacterium can become resistant to an antibiotic. – Please...

Biology
Q

Compare and contrast how stress can be both good and bad in relation to training.

Medical Sciences
Q

Hi! Below is the case study and I want to make sure I'm on the right...

Psychology
Q

Write a 2000 word report about the reward issues at Ritzy Cinema in south London. Ritzy...

General Management
Q

. The learning styles of students in a university biology course were measured and the students...

Basic Math
Q

Magnets and electromagnets can both be used to pick up metal items like iron nails...

Biology
Q

p m C m D F q From the ray shown in figure we can...

Physics
Q

12 What are the relative humidity and dew point temperature of 1 kilogram of 25...

Physics
Q

3 R 12 A particle starts oscillating simple harmonically from its equilibrium position Then ratio...

Physics
Q

Decide whether the integral is improper 8 sin x 57 x 00 O proper O...

Calculus
Q

You are evaluating various investment opportunities currently available and you have calculated expected returns and...

Finance