Wright's Construction Builds Custom Houses for Individual Buyers

question 188

Multiple Choice

Wright's Construction builds custom houses for individual buyers. On June 1, it had one job started with a beginning Work-in-Process of $56,000. During June the job was finished and sold. Direct labor for the job in June was $75,000 and direct materials used were $57,000. Overhead is computed at a rate of 65% of direct labor. There is a markup of 35% on all sales. What was the selling price of the house?

• A) $319,612.50
• B) $236,750
• C) $82,862.5
• D) $272,600
• E) 262,087.5

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An award category in various film award ceremonies, recognizing the most outstanding director of a film based on creative vision, execution, and overall leadership.

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