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Exacting specifications of job

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Reference no: EM133234265

Integrity Company's Job 1088 manufactured 13,750 units that were completed in February at unit costs presented as follows:

Direct materials - P300

Direct labor - 270

Factory overhead (includes an allowance of P15 spoiled work) - P270

Final inspection of Job 1088 disclosed 1,250 spoiled units, which were sold for P225,000.

What would be the unit selling price if the spoilage is attributable to exacting specifications of Job 1088 and the entity maintain a gross profit of 50%?

Reference no: EM133234265

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