Rivera Enterprises operates a job-order costing system, applying a unified plantwide predetermined overhead rate based...

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Accounting

Rivera Enterprises operates a job-order costing system, applying a unified plantwide predetermined overhead rate based on machine-hours. Rivera Enterprises established its predetermined overhead rate for this year using the following data:
Total machine-hours: 30,300
Total fixed manufacturing overhead cost: $575,700
Variable manufacturing overhead per machine-hour: $4.00
Recently, Job M456 was finalized with these details:
Number of units in the job: 10
Total machine-hours: 30
Direct materials: $730
Direct labor cost: $1,460
If Rivera Enterprises adds a 40% markup to its unit product costs, what would be the closest selling price per unit for Job M456? Note: Round your intermediate calculations to 2 decimal places.
Group of answer choices
$115.20
$667.00
$403.20
$306.60

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