• 
  

  • Company JKL produces three products: P, Q, and R. Product P requires 6 units of direct materials and 5 hours of direct labor, Product Q requires 7 units of direct materials and 6 hours of direct labor, and Product R requires 8 units of direct materials and 7 hours of direct labor.
  • The unit costs for direct materials are $15 for Product P, $18 for Product Q, and $20 for Product R, while direct labor costs are $30 per hour.
  • The company incurred $12,000 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.