Copy Center Pays an Average Wage of $12 Per Hour

question 136

Multiple Choice

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs,and allocates $18 of overhead for each employee hour worked.Direct materials are assigned to each job according to actual cost.Jobs are marked up 20% above total manufacturing cost to determine the selling price.If Job M-47 used $350 of direct materials and took 20 direct hours of labor to complete,what is the selling price of the job?

• A)$852
• B)$1,140
• C)$456
• D)$720
• E)$708

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Definitions:

Selective Information Processing

The cognitive process by which an individual focuses on specific information while ignoring other pieces of information, often based on biases or pre-existing beliefs.

Manipulating Appraisals

Involves altering the way a situation is perceived in order to manage emotional responses to that situation.

Social Comparison

The process by which individuals evaluate their own abilities and opinions by comparing themselves to others.

Symbol System

A set of symbols and rules for combining them, which might be used for communication, such as language, or representation of data and processes.