Job Costs

At the end of August, Carrothers Company had completed Jobs $50$ and $56.$ Job $50$ is for $1,000$ units, and Job $56$ is for $500$ units.

The following data relate to these two jobs:

On August $4,$ raw materials were requisitioned for production as follows: $200$ units for Job $50$ at $$22$ per unit and $1,200$ units for Job $56$ at $$12$ per unit.

During August, Carrothers Company accumulated $600$ hours of direct labor costs on Job $50$ and $900$ hours on Job $56.$ The total direct labor was incurred at a rate of $$16$ per

direct labor hour for Job $50$ and $$12$ per direct labor hour for Job $56.$

The predetermined factory overhead rate is $$14\mathrm{.}00$ per direct labor hour.

a$.$ Determine the balance on the job cost sheets for Jobs $50$ and $56$ at the end of August.

b$.$ Determine the cost per unit for Jobs $50$ and $52$ at the end of August. If required, round your answers to the nearest cent.

Job $50$$

Job $56$$