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17) For Job #1, direct materials were $3,100, direct labor was 90 hours at $24 an hour, and the dollar amount used for Factory Overhead
17) For Job #1, direct materials were $3,100, direct labor was 90 hours at $24 an hour, and the dollar amount used for Factory Overhead is $70 per hour. What is the cost per unit for each job if Job #1 produced 200 units? A) $ 57.80 B) $ 57.00 C) $ 50.80 D) None of the above. 18) Supply Chain Management is concerned with: (Circle the correct answer/answers) A) Finances B) Information C) Logistics (Planning and Strategy) with Materials 19) True False Using Departmental Overhead with the Machining Department Budgeted at $50 an hour, and Assembly Department Budgeted at $30 an hour, it takes 15 hours to machine a go cart and 5 hours to assemble a go cart, so the overhead is equal to $900 per go cart. 20) True False The Income Statement is split into 3 sections: Continuing Operations, Discontinued Segment(if the Company has these) and Earnings Per Share
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