Answer the following questions using the information below:
Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000; 400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs.
-The bid price for this special order is ________.
A) $66,000
B) $106,600
C) $86,600
D) $116,600

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The Answer of Answer the following questions using the information below:
Pearl Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000; 400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs.
-The bid price for this special order is ________.
A) $66,000
B) $106,600
C) $86,600
D) $116,600

Answer the Following Questions Using the Information Below