Question: Joney - Bologna, Inc. makes custom - ordered, high - end sandwiches. On July 1 , it had one job started for Kayla and Associates,

Joney-Bologna, Inc. makes custom-ordered, high-end sandwiches. On July 1, it had one job started for Kayla and Associates, Inc. with a Beginning Work-in-Progress Inventory balance of $500. Direct Labor for the job in July was $100 and direct materials used for the job costed $50. Direct laborers are paid at a rate of $10 per hour. Manufacturing overhead is applied to production at a rate of $8 per direct labor hour. The company marks up costs 20% to determine the selling price. What was the selling price of the job that Kayla and Associates, Inc. had ordered?
What was the selling price of the job that Kayla and Associates, Inc. had ordered?
 Joney-Bologna, Inc. makes custom-ordered, high-end sandwiches. On July 1, it had

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