Laudermilk produces dairy equipment. Most of its jobs have a number of units per job. The company has two different departments through which all jobs pass. Overhead is applied using a plant-wide rate of $13 per direct labor hour. Direct wages average $8 an hour. Data for job #3 for the year is:
Direct Materials $40,000
- Direct Labor Costs
- Dept A 60,000
- Dept B 12,000
- Machine hours used
- Dept A 200
- Dept B 2,400
- Units Produced 20,000
Compute the Cost Per Unit. The Answer is $11.45, Please Show your work on getting to the answer clearlya