Mattson Construction Charges Each Customer a Price Equal to the Cost

question 163

Multiple Choice

Mattson Construction charges each customer a price equal to the cost of direct materials, direct labor, and overhead plus 40%.Job #1845 included the following costs: What is price charged for Job 1845?

• A) $86,000
• B) $42,400
• C) $106,000
• D) $184,800
• E) $166,154

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Definitions:

Internal Acoustic Meatus

An opening in the temporal bone of the skull that transmits nerves for hearing and balance from the inner ear to the brain.

Temporal

Relates to the aspect of time or the timing of events, as well as to the temporal bone area adjacent to the temples on the human skull.

Sphenoid

A complex bone at the base of the skull, which contributes to the formation of the orbit, the nasal cavity, and several important foramina.

Occipital

Pertaining to the back part of the skull, primarily associated with the visual processing region of the brain.