Question
Job 652 was recently completed. The following data have been recorded on its job cost sheet:...
Job 652 was recently completed. The following data have been recorded on its job cost sheet:
| Direct materials | $ | 61,900 | |
| Direct labor-hours | 1,229 | DLHs | |
| Direct labor wage rate | $ | 12 | per DLH |
| Number of units completed | 4,100 | units | |
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $36 per direct labor-hour.
Required:
Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)
|
Homework Answers
Answer #1
Solution :
The unit product cost that would appear on the job cost sheet for this job = $ 29.49 ( when rounded off to two decimal places )
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.
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