BACK Multiple Choice Question 77 Sunland Company completed Job No. B14 during 2019. The job cost...

Question

Question

Answer 1

Answer #1

Answer: $29,000

Calculations:

i. Calculation of Unit cost:

Direct materials	$110,000
Direct labor	$100,000
Manufacturing overhead applied	$80,000
Total Cost	$290,000
÷ Total units produced	2,000
= Unit cost	$145

ii. Calculation of Units on Hand:

iii.The cost of the finished goods on hand from this job:

Cost of the finished goods on hand= Units on hand x Unit cost

= 200 x $145

= $29,000

Answer 2

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