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  • Company JKL produces three products: P, Q, and R. Product P requires 12 units of direct materials and 11 hours of direct labor, Product Q requires 13 units of direct materials and 12 hours of direct labor, and Product R requires 14 units of direct materials and 13 hours of direct labor.
  • The unit costs for direct materials are $40 for Product P, $45 for Product Q, and $50 for Product R, while direct labor costs are $60 per hour.
  • The company incurred $20,000 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.