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  • Company JKL produces three products: P, Q, and R. Product P requires 4 units of direct materials and 3 hours of direct labor, Product Q requires 5 units of direct materials and 4 hours of direct labor, and Product R requires 6 units of direct materials and 5 hours of direct labor.
  • The unit costs for direct materials are $8 for Product P, $10 for Product Q, and $12 for Product R, while direct labor costs are $20 per hour.
  • The company incurred $8,000 in manufacturing overhead costs during the period.

• Requirements:

  • Calculate the total manufacturing cost for each product.
  • Determine the total cost of goods manufactured for all three products combined.
  • Analyze the cost distribution among the products.
  • Provide recommendations for cost control strategies.