At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job...
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At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job No. 765 $5,670 $3,500 27 Job No. 766 8,900 4,775 44 Job 765 produced 152 units, and Job 766 consisted of 250 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour. a. Determine the balance on the job cost sheets for each job. Job 765 Job 766 $4 b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. Job 765 $4 Job 766 $ At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows: Direct Direct Machine Job Materials Labor Hours Job $9,520 $2,856 34 765 Job 13,680 4,320 80 766 Job 765 consisted of 204 units, and Job 766 consisted of 400 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $114 per hour. a. Determine the balance on the job cost sheets for each job. Job 765 Job 766 b. Determine the cost per unit at the end of April. Round to the nearest cent. Job 765 $4 Job 766 At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job No. 765 $5,670 $3,500 27 Job No. 766 8,900 4,775 44 Job 765 produced 152 units, and Job 766 consisted of 250 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour. a. Determine the balance on the job cost sheets for each job. Job 765 Job 766 $4 b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. Job 765 $4 Job 766 $ At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows: Direct Direct Machine Job Materials Labor Hours Job $9,520 $2,856 34 765 Job 13,680 4,320 80 766 Job 765 consisted of 204 units, and Job 766 consisted of 400 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $114 per hour. a. Determine the balance on the job cost sheets for each job. Job 765 Job 766 b. Determine the cost per unit at the end of April. Round to the nearest cent. Job 765 $4 Job 766
Expert Answer:
Answer rating: 100% (QA)
1 a Job 765 14570 5670 3500 27 x 200 Job 766 22475 8... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324659139
11th edition
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
Posted Date:
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