Managerial Accounting: E18-36 Recall that Lawlor completed a special landscaping job

Managerial Accounting
E18-36 Product costing in an ABC system
This exercise continues the Lawlor Lawn Service, Inc., situation from Exercise 17-34 of Chapter 17.
Recall that Lawlor completed a special landscaping job for Sheldon’s Ideal Designs. If Lawlor had used activity-based costing, Lawlor’s data about the job, including ABC information, would be as follows:
Sheldon Job details:
Direct materials 700
Direct labor 1,200

ABC Costing Rates:
$275 per setup
$15 per plant

Requirements
1. Lawlor uses one setup for the Sheldon job and installs 35 plants. What is the total cost of the Sheldon job?
2. If Sheldon paid $3,900 for the job, what is the profit or loss under ABC?
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