Question: The following information pertains to Job 712 that Daichi Manufacturing

The following information pertains to Job 712 that Daichi Manufacturing Company completed during January 2014. Materials and labor costs for the job were $49,000 and $38,000, respectively. Applied overhead costs were $32,000. Daichi completed and delivered the job to its customer and earned a $36,000 gross profit.

Required
Determine the contract price for the job.


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  • CreatedFebruary 07, 2014
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