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    Brillant Design Company: price of Job 245?

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    Brillant Design Company makes custom chairs for individual customers. On October 1, there was on job in Process, Job 243, with a cost of $1,300. Jobs 244, 245, and 246 were started during the month of October.

    Data on costs added during the month are as follows:

    243 244 245 246
    Direct Materials 8400 2300 5550 9200
    Direct Labor 3100 980 2200 5010
    Overhead is applied to production at the rate of 70% of direct labor cost. Job 245 was completed on October 14 and the client was billed at cost plus 55%. All other jobs remained in process.
    What is the price of Job 245?
    Answer
    a.$20,204.20
    b.$10,627.70
    c.$22,310.50
    d.$18,761.20
    e.$14,399.50

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    https://brainmass.com/business/accounting/brillant-design-company-price-job-487984

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    Job 245 ...

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    Your tutorial is attached showing you why to select a certain choice.

    $2.19

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