Question
Justine Co. produced 5,500 outdoor chairs for Job Order No. 610. Total material cost was P51,700. Each chair required 2.2 hours of direct labor at
Justine Co. produced 5,500 outdoor chairs for Job Order No. 610. Total material cost was P51,700. Each chair required 2.2 hours of direct labor at P8.90 / hour. A total of P53,845 of factory overhead was traced to Order 610.
I. What is the prime cost per unit of this order?
II. What is the conversion cost per unit of this order?
III. What is the unit cost of this order?
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
