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Job 7890 was recently completed. The following data have been recorded on its job cost sheet. Direct Materials $45,000 Direct Labor-hours 630 labor-hours Direct labor
Job 7890 was recently completed. The following data have been recorded on its job cost sheet.
Direct Materials | $45,000 |
Direct Labor-hours | 630 labor-hours |
Direct labor wages rate | $13 per labor-hour |
Machine-hours | 390 machine-hours |
Number of units completed | 3,000 units |
The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $12 per machine-hour.
Required:
Compute the unit product cost that would appear on the job cost sheet for Job 7890.
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