Job 652 was recently completed. The following data have been recorded on its job cost sheet: Direct materials$59,400 Direct labor-hours 1,224DLHsDirect labor wage rate$15per DLHNumber of units completed 3,600units 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.
What will be an ideal response?
Cost Summary
| Direct materials | $ | 59,400 |
| Direct labor ($15 per DLH × 1,224 DLHs) | 18,360 | |
| Manufacturing overhead ($35 per DLH × 1,224 DLHs) | 42,840 | |
| Total product cost | $ | 120,600 |
| Unit product cost | $ | 33.50 |
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