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?

Question $5$ options:

$$876$

$$276$

$$455$

$$996$

$$146$