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10. Decision Making with Job Order Costs Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufacturing Inc. uses the cost information from

10. Decision Making with Job Order Costs

Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufacturing Inc. uses the cost information from the job sheets to assess cost performance. Information on the total cost, product type, and quantity of items produced is as follows:

Date Job No. Product Quantity Amount
Jan. 2 1 TT 520 $16,120
Jan. 15 22 SS 1,610 20,125
Feb. 3 30 SS 1,420 25,560
Mar. 7 41 TT 670 15,075
Mar. 24 49 SLK 2,210 22,100
May 19 58 SLK 2,550 31,875
June 12 65 TT 620 10,540
Aug. 18 78 SLK 3,110 48,205
Sept. 2 82 SS 1,210 16,940
Nov. 14 92 TT 750 8,250
Dec. 12 98 SLK 2,700 52,650

a. On your own paper, develop a graph for each product (three graphs), with Job Number (in date order) on the horizontal axis and Unit Cost on the vertical axis. Then, determine Alvarez Manufacturing Inc.'s cost performance over time for the three products. Round all answers to the nearest cent.

Job No. Unit Cost
1 $
22
30
41
49
58
65
78
82
92
98

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