A Level Accounting (9706)•9706/12/M/J/25

Explanation
Calculating job selling price using full absorption costing
Steps:
- Calculate budgeted labour hours: 12 = 50,000 hours.
- Calculate fixed overhead absorption rate: 12 per labour hour.
- Calculate job costs: direct materials 12) 12) 1,200.
- Calculate selling price for 25% profit margin on selling price: 1,600.
Not enough information to match choices to $1,600 (question likely asks for total selling price, but options do not align).
Final answer: Not enough information.
Topic: Traditional costing methods
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