Question
Company C is a manufacturing company and produces 4 types of products. They are produced in batches. The data about orders are presented below Products
Company C is a manufacturing company and produces 4 types of products. They are produced in batches. The data about orders are presented below
Products (Order) - Direct labor hours - Indirect labor hours - Production quantity - Kw/h - Number of workers- Direct material costs (TL)- Direct labor costs (TL)
W 3.500 500 100 15.000 30 150.000 130.000
X 4.000 600 60 15.000 40 180.000 170.000
Y 5.000 600 50 20.000 50 300.000 350.000
Z 4.000 600 65 20.000 40 270.000 250.000
In company C;
Salaries of managers are 80.000 TL,
Electricity cost during this period is 140.000 TL,
Other indirect manufacturing costs is 225.000 TL and this is allocated according to prime costs (direct materials used + direct labor costs). Using job costing approach, calculate the unit cost for product Y and show your calculations .
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