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Job 434 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 48,000 Direct labor-hours 660 labor-hours Direct
Job 434 was recently completed. The following data have been recorded on its job cost sheet:
Direct materials | $ | 48,000 | ||
Direct labor-hours | 660 | labor-hours | ||
Direct labor wage rate | $ | 13 | per labor-hour | |
Machine-hours | 360 | machine-hours | ||
Number of units completed | 5,000 | units | ||
The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 per machine-hour. |
Required: |
Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
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