Job 7890 was recently completed. The following data have been recorded on its job cost sheet: Direct materials$45,000 Direct labor-hours 630labor-hoursDirect labor wage rate$13per labor-hourMachine-hours 390machine-hoursNumber of units completed 3,000unitsThe 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 Job 7890.
What will be an ideal response?
Cost Summary:
| Direct materials | $ | 45,000 |
| Direct labor $13 per DLH × 630 DLHs | 8,190 | |
| Manufacturing overhead $12 per MH × 390 MHs | 4,680 | |
| Total cost | $ | 57,870 |
| Unit product cost | $ | 19.29 |
You might also like to view...
Neutron Inc. is conducting a business analysis to determine which of the many newly developed apps should be released. To estimate sales, the company must ________
A) conduct surveys of competitors B) exclusively consider the government's opinions C) consider the sales history of similar products D) apply the PLC concept to industry sales E) opt for business process reengineering
Vandezande Inc. is considering the acquisition of a new machine that costs $370,000 and has a useful life of 5 years with no salvage value. The incremental net operating income and incremental net cash flows that would be produced by the machine are (Ignore income taxes.): Incremental Net Operating IncomeIncremental Net Cash FlowsYear 1$54,000 $128,000 Year 2$31,000 $105,000 Year 3$52,000 $126,000 Year 4$49,000 $123,000 Year 5$48,000 $122,000 Assume cash flows occur uniformly throughout a year except for the initial investment.The payback period of this investment is closest to:
A. 2.9 years B. 3.1 years C. 5.0 years D. 4.9 years
NoSQL systems allow ________ by incorporating commodity servers that can be easily added to the architectural solution
A) scaling down B) scaling out C) scaling up D) scaling over
Which of the below business processes would you find in the marketing and sales division?
A. Creating financial statements B. Promoting of discounts C. Enrolling employees in health care benefits D. Ordering inventory