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Mirage Manufacturing, Inc., uses the job order cost system of accounting. The following information was taken from the company's books after all posting had been
Mirage Manufacturing, Inc., uses the job order cost system of accounting. The following information was taken from the company's books after all posting had been completed at the end of May: (1UPTS.) Jobs Completed 1984 2000 2525 Direct Materials Cost $3,600 2,380 1.800 Direct Labor Cost $5,000 4,500 1.700 Factory Units Overhead Completed $1,600 5.00 1,000 340 10.80 300 to Compute the total production cost of each job. Prepare a complete chart like in class showing all elements of job costs. 2. Compute the unit cost of each job. (Round to the nearest cent.) 3, Compute the selling price per unit for each job, assuming a mark-on percent- age of 40% for job 1984, and 60% for job 2000, and 70% for job 2525
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