Sutter 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 the following data: 
Recently, Job T369 was completed with the following characteristics: 
If the company marks up its unit product costs by 20% then the selling price for a unit in Job T369 is closest to:
Definitions:
Psychological Contract
The unwritten set of expectations between an employer and employee regarding mutual obligations.
Job Security
The likelihood of an individual to retain their job without the risk of becoming unemployed.
Social Security
A government program that provides financial assistance to individuals during retirement, disability, or in the event of death, funded through payroll taxes.
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