Homework Answers
Unit product cost = $ 15.54
Explanation
| Computation of the unit product cost | |
| Direct materials | $ 58,370.00 |
| Direct labor $10 per DLH × 500 DLHs | $ 5,000.00 |
| Manufacturing overhead $14 per MH × 581 MHs | $ 8,134.00 |
| Total cost. | $ 71,504.00 |
| Number of units completed | 4,600.00 |
| Unit product cost (71,504 / 4,600) | $ 15.54 |
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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:...
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 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: $58,370 Direct materials Direct labor-hours 500 labor-hours Direct labor wage rate $10 per labor-hour Machine-hours 581 machine-hours Number of units completed 4,600units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate i $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 decimal places.)
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 $57,370 490 labor-hours $ 12 per labor-hour 571 machine-hours 4,400 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...
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 $52,870 445 labor-hours $ 13 per labor-hour 526 machine-hours 3,500 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...
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...
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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 maperials $56, 370 Direct labor-hours 480 labor-hours Direct labor wage rate 10 per labor-hour Machine-hours 561 machine-hours Number of units completed 4, 200 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...
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...
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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 243 was recently completed. The following data have been recorded on its job cost sheet: $58,370 Direct materials Direct labor-hours 500 labor-hours Direct labor wage rate $10 per labor-hour Machine-hours 581 machine-hours Number of units completed 4,600units The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate i $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 decimal places.)
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: Direct materials Direct labor-hours Direct labor wage rate Machine-hours Number of units completed $57,370 490 labor-hours $ 12 per labor-hour 571 machine-hours 4,400 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...
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 $52,870 445 labor-hours $ 13 per labor-hour 526 machine-hours 3,500 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...
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 Direct maperials $56, 370 Direct labor-hours 480 labor-hours Direct labor wage rate 10 per labor-hour Machine-hours 561 machine-hours Number of units completed 4, 200 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...
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 910 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 $ 2,491 74 labor-hours $ 20 per labor-hour 129 machine-hours The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $21 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be: Multiple Choice $6,680 $4.004 $7,520 . $3.971 2 of 10...
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