Answer the Following Questions Using the Information Below

question 72

Multiple Choice

Answer the following questions using the information below:
Joni's Kitty Supplies applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of the Toy Mouse product. Estimates for this order include: Direct materials $40,000; 500 direct manufacturing labor-hours at $20 per hour; and a 20% markup rate on total manufacturing costs.
-The bid price for this special order is:

• A)$50,000
• B)$60,000
• C)$80,000
• D)$96,000

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Organizations that represent workers' interests, negotiating wages, work conditions, and benefits through collective bargaining.