The mall building job was started and completed during the month. Direct materials used totaled $33,000;...
The mall building job was started and completed during the month. Direct materials used totaled $33,000; Direct labor costs were $42,000; manufacturing overhead applied was $21,000. Job 101 was for a total of 3,000 units.
-What is the total cost that should have been recorded on a job cost card for mall building job?
-What is the cost per unit for mall building job?
Homework Answers
| Solution: | |||
| CALCULTION OF TOTAL COST AND COST PER UNIT | |||
| Particulars | Amount | ||
| Direct Materials | $ 33,000 | ||
| Direct Labor | $ 42,000 | ||
| Manufacturing overhead | $ 21,000 | ||
| Total Cost | $ 96,000 | ||
| Divide By | "/" By | ||
| No of Units Produced | 3,000 | Units | |
| Cost Per Unit | $ 32.00 | ||
| Answer = | |||
| Total Cost = $ 96,000 | |||
| Cost Per Unit = $ 32.00 | |||
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