Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Job 397 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 48,000 Direct labor-hours 660 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 | 660 | DLHs | ||
Direct labor wage rate | $ | 13 | per DLH | |
Number of units completed | 4,500 | units | ||
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $11 per direct labor-hour.
Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started