Verlag Ltd calculates the prices of jobs by adding overheads to the prime cost and adding...
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Verlag Ltd calculates the prices of jobs by adding overheads to the prime cost and adding 25% to total costs as a mark-up. Job number 1 was sold for $38,025 and incurred overheads of $5,280. What was the prime cost of the job? Verlag Ltd calculates the prices of jobs by adding overheads to the prime cost and adding 25% to total costs as a mark-up. Job number 1 was sold for $38,025 and incurred overheads of $5,280. What was the prime cost of the job?
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Let x be the prime cost of the job The total cost of the job can be calculated by adding ... View the full answer
Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
Posted Date:
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