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Homework Problems (show the steps in your work to arrive at the final solutions): 1. American Products uses Job Order Costing to determine their product
Homework Problems (show the steps in your work to arrive at the final solutions): 1. American Products uses Job Order Costing to determine their product costs. Their factory production has two departments: (1) Assembly and (2) Packaging. Job \#779 had the following costs: Direct materials in assembly: $44,000 Direct materials in packaging: $12,000 Direct labor used in assembly: 500 hours at $20 hour Direct labor used in packaging: 1000 hours at $15/ hour Machine hours in assembly: 1100 machine hours Machine hours in packaging: 300 machine hours POHR for the Assembly Department was $8/ machine hour POHR for the Packaging Department was $10/ direct labor hour Required: (a) compute the cost of Job \#779, showing the costs per department and then for the Job cost. (b) If Job \#779 consists of 200 units, what is the unit product cost
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