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A company assigns overhead cost to completed jobs on the basis of direct labor hours. The following data have been recorded in the job cost
A company assigns overhead cost to completed jobs on the basis of direct labor hours. The following data have been recorded in the job cost sheet of Job AX. Direct Material AED 24,000 Direct labor hours 1,400 hours Direct labor wage rate AED 30 per labor hour Machine hours 1,800 hours Number of units completed 9,200 The predetermined overhead rate is AED 16.50 per direct labor hour. Required: i. Compute the total manufacturing cost assigned Job AX. (4 marks) ii. Compute the unit product cost for this job
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