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Cost Flows Consider the following independent jobs. Overhead is applied in Department 1 at the rate of $6 per direct labor hour. Overhead is applied
Cost Flows Consider the following independent jobs. Overhead is applied in Department 1 at the rate of $6 per direct labor hour. Overhead is applied in Department 2 at the rate of $8 per machine hour. Direct labor wages average $10 per hour in each department. Required: Fill in the missing data for each job. If an amount box does not require an entry, leave it blank or enter zero ("0"). If required, round your answers to two decimal places. Job 213 Job 214 Job 217 Job 225 Total sales revenue $4,375 $5,600 $1,150 Price per unit $12 $ $14 $5 Materials used in production $365 $ $488 $207 Department 1, direct labor cost $700 $2,000 $230 Department 1, machine hours 15 35 50 12 Department 2, direct labor cost $50 $100 $0 Department 2, machine hours 25 50 Department 1, overhead applied $90 $ $1,200 $138 Department 2, overhead applied $400 $160 $0 Total manufacturing cost $855 $3,073 $575 Number of units 350 400 Unit cost $8.55 $9.87
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