(Solution) - Determine missing information for a job order The following info -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Determine missing information for a job order The following information pertains to Job 712 that Gillman Manufacturing Company completed during January 2011. Materials and labor costs for the job were $70,000 and $38,000, respectively. Applied overhead costs were $44,000. Gillman completed and delivered the job to its customer and earned a $54,000 gross profit.
Required
Determine the contract price for the job.