Jordan Manufacturing uses a predetermined overhead allocation rate based on direct labor cost. At the beginning of
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Question:
Jordan Manufacturing uses a predetermined overhead allocation rate based on direct labor cost. At the beginning of the year, it estimated the manufacturing overhead rate to be 30% of the direct labor cost. In the month of June, Jordan completed Job 13C, and its details are as follows:
Direct materials cost $6.640
Direct labor cost $23,000
Direct labor hours 30 hours
Units of product produced 250
What is the cost per unit of finished product of Job 13C? (Round your answer to the nearest cent.)
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date: