Trust Construction Builds Custom Houses for Individual Buyers

Trust Construction builds custom houses for individual buyers.On April 1, it had one job, started with a beginning Work-in-Process of $70,000.During April the job was finished and sold.Direct labor for the job in April was $90,000 and direct materials used were $66,000.Overhead is computed at a rate of 55% of direct labor.There is a markup of 40% on all sales.What was the selling price of the house?

A) $385,700
B) $200,750
C) $98,862
D) $272,600
E) $340,087