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.)

Unit product cost ?   
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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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