GM-685 Inc. is a merchandise reseller that provided the following information: Amount
Number of units sold 11,000
Selling price per unit $17
Variable selling expense per unit $1
Variable administrative expense per unit $2
Total fixed selling expense $21,000
Total fixed administrative expense $13,000
Beginning merchandise inventory $9,000
Ending merchandise inventory $23,000
Merchandise purchases $85,000
What is the company's gross margin for the period?
a. $161,000
b. $71,000
c. $149,000
d. $116,000

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?