Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:
-If the company marks up its unit product costs by 30% then the selling price for a unit in Job P978 is closest to:
Definitions:
Two-factor Theory
A theory suggesting emotion is based on physiological arousal and cognitive labeling of that arousal.
Schachter-Singer Theory
A theory of emotion that states emotions are determined by physiological arousal and the cognitive interpretation of that arousal.
Spinal Cord
A major part of the central nervous system which conducts sensory and motor nerve impulses to and from the brain.
James-Lange Theory
A theory proposing that emotions arise from physiological reactions to events.
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