Just for the Halibut, Inc. designs and manufactures custom made fishing rods. On June 1, it...

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Just for the Halibut, Inc. designs and manufactures custom made fishing rods. On June 1, it had one job started with a beginn

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Answer 1

Answer #1

Correct answer---------$976

Working

Beginning work in process cost	$ 543.00
Direct labor	$ 75.00
Direct material	$ 60.00
Overhead applied ((75/15) x 9)	$ 45.00
Total cost	$ 723.00
Add: Markup (723 x 35%)	$ 253.05
Price	$ 976

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Answer 2

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