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Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $399,600, variable manufacturing overhead of $2.60 per machine-hour, and 54,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:
Number of units in the job | 10 | |
Total machine-hours | 80 | |
Direct materials | $ | 730 |
Direct labor cost | $ | 1,460 |
The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)
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