Byte Computer Company, a manufacturing organization has just completed an order the Grater, Ltd., placed for 80 computers. Direct materials, purchased parts, and direct labor costs for the Grater order are as Follows:
Cost of direct materials $36,750.00 Direct labor hours 220Cost of purchased parts $21,300.00 Average direct labor pay rate $15.25Overhead costs were applied at a single, planwide overhead rate of 270 percent of direct labor dollars.
Required
Using the traditional costing method, compute the total cost of the Grater order.