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Job Costs At the end of August, Prichard Company had completed Jobs 40 and 42. Job 40 is for 200 units, and Job 42 is
Job Costs At the end of August, Prichard Company had completed Jobs 40 and 42. Job 40 is for 200 units, and Job 42 is for 1,000 units. The following data relate to these two jobs: On August 4, raw materials were requisitioned for production as follows: 600 units for Job 40 at $24 per unit and 1.,.500 units for Job 42 at $14 per unit. During August, Prichard Company accumulated 200 hours f direct labor costs on Job 40 and 1,200 hours on Job 42. The total direct labor was incurred at a rate of $10 per direct labor hour for Job 40 and $20 per direct labor hour for Job 42. The predeterm ined factory overhead rate is $6.00 per direct labor hour a. Determine the balance on the job cost sheets for Jobs 40 and 42 at the end of August. 25,800 X Job 40 $ Job 42 32,200 X b. Determine the cost per unit for Jobs 40 and 42 at the end of August. If required, rounc answers to the nearest cent 25.8 X Job 40 64.4 X Job 42
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