Question
At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows:
At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows:
| Job | Direct Materials | Direct Labor | Machine Hours |
| Job 765 | $6,160 | $1,848 | 22 |
| Job 766 | 10,260 | 3,240 | 60 |
Job 765 consisted of 132 units, and Job 766 consisted of 300 units.
Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $95 per hour.
a. Determine the balance on the job cost sheets for each job.
| Job 765 | $ |
| Job 766 | $ |
b. Determine the cost per unit at the end of April. Round to the nearest cent.
| Job 765 | $ |
| Job 766 | $ |
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
978-0133052312
