Question
Question 1-Job order costing: Job #PK14 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 879 Direct
Question 1-Job order costing: Job #PK14 was recently completed. The following data have been recorded on its job cost sheet:
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| Direct materials | $ | 879 |
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| Direct labor-hours |
| 353 | DLHs |
| Direct labor wage rate | $ | 11 | per DLH |
| Number of units completed |
| 50 | units |
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $2.50 per direct labor-hour.
Compute the per unit product cost that would appear on the job cost sheet for this job.
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Management Accounting Evolution Not Revolution
Authors: Michael Bromwich, Al Bhimani
1st Edition
0908269137, 978-0908269136
