XYZ Company uses a job order costing system and has established a pre-determined overhead rate...
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Accounting
XYZ Company uses a job order costing system and has established a pre-determined overhead rate of 150% of direct labor cost. Job #231 was charged with direct materials of $20,000 and with overhead of $18,000. Assume XYZ Company prices its jobs at 40% above manufacturing cost. Calculate the price charged to the customer for Job #231. Do not use decimals in your answer.
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