Answer the Following Questions Using the Information Below

question 78

Multiple Choice

Answer the following questions using the information below:
Pearl Corp. 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 a necklace. Estimates for this order include: Direct materials of $50,000; 400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs.
-The bid price for this special order is ________.

• A) $66,000
• B) $106,600
• C) $86,600
• D) $116,600

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Definitions:

Body Weight

A measurement of a person's mass or heaviness, often associated with health and fitness.

Resting Metabolic Rate

The rate at which the body expends energy while at rest, crucial for maintaining basic bodily functions such as breathing and circulation.

Set Point

A theory suggesting that each individual has a genetically determined range of optimal weight and temperature that their body regulates to maintain.

Set Point

A theory suggesting that an individual's body weight and other physiological factors are regulated at a predetermined, or 'set', level by the brain.