Sypanget90151 Sypanget90151

23-12-2022
Business

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lancelot manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. the following estimates are provided for the coming year for the company and for the case high school band jacket job. company case high school job direct materials $55,000 $2,300 direct labor $22,000 $600 manufacturing overhead costs $49,000 machine-hours 70,000 mh 700 mh what is the bid price for the case high school job if the company uses a 40% markup of total manufacturing costs?

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