Job 434 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 this job.
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 |
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