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 joborder costing system, applying a unified plantwide predetermined overhead rate based on machinehours. Rivera Enterprises established its predetermined overhead rate for this year using the following data:
Total machinehours:
Total fixed manufacturing overhead cost: $
Variable manufacturing overhead per machinehour: $
Recently, Job M was finalized with these details:
Number of units in the job:
Total machinehours:
Direct materials: $
Direct labor cost: $
If Rivera Enterprises adds a markup to its unit product costs, what would be the closest selling price per unit for Job M Note: Round your intermediate calculations to decimal places.
Group of answer choices
$
$
$
$
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