Avonlea Construction builds custom houses for individual buyers.On April 1,it had one job started with a beginning work-in-process balance of $76,000.During April,the job was finished and sold.Direct labour for the job in April was $75,000,and direct materials used were $67,000.Overhead is computed at a rate of 65% of direct labour.All sales have a markup of 40%.What was the selling price of the house?

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The Answer of Avonlea Construction builds custom houses for individual buyers.On April 1,it had one job started with a beginning work-in-process balance of $76,000.During April,the job was finished and sold.Direct labour for the job in April was $75,000,and direct materials used were $67,000.Overhead is computed at a rate of 65% of direct labour.All sales have a markup of 40%.What was the selling price of the house?

Avonlea Construction Builds Custom Houses for Individual Buyers