Question: Job 397 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 48,000 Direct labor-hours 690 DLHs Direct
Job 397 was recently completed. The following data have been recorded on its job cost sheet:
| Direct materials | $ | 48,000 | ||
| Direct labor-hours | 690 | DLHs | ||
| Direct labor wage rate | $ | 13 | per DLH | |
| Number of units completed | 2,500 | units | ||
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $10 per direct labor-hour.
Required:
Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)
unit cost
| Unit Cost | ________ |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Solution The calculated value of the unit product ... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
