Question

Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...

Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 47,000 Total fixed manufacturing overhead cost $ 202,100 Variable manufacturing overhead per direct labor-hour $ 2.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 50 Total direct labor-hours 100 Direct materials $ 850 Direct labor cost $ 4,700

The unit product cost for Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.)

Homework Answers

Answer #1

Ans:

Calculation of unit product cost of Job P951

Particulars

Amount in ($)

Direct material

$     850

Direct labour

$    4,700

variable overheads   (100*2)

$       200

Fixed overheads         (100*4.30)

$       430

Total Product Cost

$      6180

Number of units

50

Unit product cost (6180/50)

123.60

Note 1:

fixed overhead rate

Total fixed manufacturing Overhead

$   202,100

Total direct labour hours

47000

fixed manufacturing overhead rate per hour

4.30

Hope This Helped ! Let Me Know In Case of Any Queries.

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