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MB Clothing manufactures a specialty line of socks. The company uses a job-order costing system. During March, the following costs were incurred on Job DMU9:
MB Clothing manufactures a specialty line of socks. The company uses a job-order costing system. During March, the following costs were incurred on Job DMU9: In addition, selling and shipping costs of $7,000 were incurred on the job. Manufacturing overhead was applied at the rate of $25 per machine hour, and Job DMU9 required 800 machine hours. If Job DMU9 consisted of 10,000 pairs of socks, what was the Cost of Goods Sold per pair of socks? $5.70.$5.50.$6.00.$3.85
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