Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs,and allocates $18 of overhead for each employee hour worked.Direct materials are assigned to each job according to actual cost.Jobs are marked up 20% above total manufacturing cost to determine the selling price.If Job M-47 used $350 of direct materials and took 20 direct hours of labor to complete,what is the selling price of the job?

A) $852
B) $1,140
C) $456
D) $720
E) $708

First, we need to calculate the total manufacturing cost for job M-47:
Direct labor cost = 20 hours x $12 per hour = $240
Overhead cost = 20 hours x $18 per hour = $360
Total manufacturing cost = Direct materials + Direct labor cost + Overhead cost
Total manufacturing cost = $350 + $240 + $360 = $950
Next, we need to add a 20% markup to the total manufacturing cost to determine the selling price:
Selling price = Total manufacturing cost + (20% x Total manufacturing cost)
Selling price = $950 + ($950 x 20%)
Selling price = $950 + $190
Selling price = $1,140
Therefore, the selling price of job M-47 is $1,140. The correct answer is B.