Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Question

Question

Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Job 397 was recently completed. The following data have been recorded on its job cost sheet:


Direct materials	$	46,000
Direct labor-hours		640	DLHs
Direct labor wage rate	$	13	per DLH
Number of units completed		4,500	units

The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $12 per direct labor-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.)

Noreen 4e Recheck 2017-16-03

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Total product cost = Direct Material + Direct Labor + Manufacturing Overhead

Total product cost = $46,000 + (640 * $13) + (640 * $12)

Total product cost = $62,000

Unit product cost = $62,000 / 4,500 units

Unit product cost = $13.78

Add a comment

Answer 2

Similar Homework Help Questions

Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Job 397 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 43,000 Direct labor-hours 650 DLHs Direct labor wage rate $ 13 per DLH Number of units completed 3,500 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $10 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2...
Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Job 397 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Number of units completed $ 49,000 670 DLHS $ 12 per DLH 2,000 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $10 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2...
Job 652 was recently completed. The following data have been recorded on its job cost sheet:...

Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 64,400 Direct labor-hours 1,234 DLHs Direct labor wage rate $ 14 per DLH Number of units completed 4,600 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $32 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job

3) Job 652 was recently completed. The following data have been recorded on its job cost...

3) Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Number of units completed S 59,400 1,224 DLHs $ 15 per DLH 3,600 units The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $35 per direct labor-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job.
Job 243 was recently completed. The following data have been recorded on its job cost sheet:...

Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor vage rate Machine-hours Number of units completed $50,370 420 labor-hours $ 10 per labor-hour 501 machine-hours 3,000 units 4 The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine- hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer...
Job 231 was recently completed. The following data have been recorded on its job cost sheet:...

Job 231 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $ 46,000 630 labor-hours $ 14 per labor-hour 340 machine-hours 2,500 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $10 per machine-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to...

Job 243 was recently completed. The following data have been recorded on its job cost sheet...

Job 243 was recently completed. The following data have been recorded on its job cost sheet $57,870 Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed 495 labor-hours 11 per labor-hour 576 machine-hours 4,500 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $13 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...
Job 243 was recently completed. The following data have been recorded on its job cost sheet:...

Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 55,870 Direct labor-hours 475 labor-hours Direct labor wage rate $ 11 per labor-hour Machine-hours 556 machine-hours Number of units completed 4,100 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $13 per machine-hour. Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to...
Job 243 was recently completed. The following data have been recorded on its job cost sheet:...

Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $50,870 425 labor-hours $ 13 per labor-hour 506 machine-hours 3,100 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $11 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...

Job 243 was recently completed. The following data have been recorded on its job cost sheet:...

Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $58,370 500 labor-hours 10 per labor-hour 581 machine-hours 4,600 units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 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...

Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Homework Answers

Add Answer to:
Job 397 was recently completed. The following data have been recorded on its job cost sheet:...

Post as a guest

Earn Coins