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If Job P includes 20 units, what is its unit product cost? Sweeten Company had no jobs in progress at the beginning of March and
If Job P includes 20 units, what is its unit product cost?
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March?Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predeterminedoverhead rate based on direct labor-hours. The following additional information is available for thecompany as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total fixed manufacturing overhead $ 10000 Estimated variable manufacturing overhead per direct labor -hour $ 1.00 Estimated total direct labor -hours to be worked 2000, Total actual manufacturing overhead costs incurred $ 12,500 Job P Job Q Direct materials $13000 $ 8,000 Direct labor cost $21,000 $ 7,500 Actual direct labor-hours worked 1,400 500Step by Step Solution
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