Compute the unit product cost that would appear on the job


Job 231 was recently completed. The following data have been recorded on its job cost sheet:

Direct materials

$

41,000

 

  Direct labor-hours

 

690

labor-hours

  Direct labor wage rate

$

13

per labor-hour

  Machine-hours

 

340

machine-hours

  Number of units completed

 

3,000

units

The company applies manufacturing overhead on the basis of machine-hours. The predetermined

overhead rate is $12 per machine-hour.

Required:

Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

 

Unit product cost          $

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Financial Accounting: Compute the unit product cost that would appear on the job
Reference No:- TGS01240727

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