A manufacturing enterprise has the budgeted annual figures below. direct wages ($\$12$ per labour hour) $600\,000$ fixed overheads $160\,000$ Fixed overheads are allocated using direct labour hours as the basis. A job uses direct materials with a cost of $\$480$ and requires $30$ labour hours. The business wants to earn a profit margin of $25\%$ on this job. What price should be quoted for this job?
- A$1170$
- B$1248$
- C$1270$
- D$1404$