Doakes Corporation uses a work order costing system based on direct labor-hours with a single, predetermined overhead
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Question:
Doakes Corporation uses a work order costing system based on direct labor-hours with a single, predetermined overhead rate throughout the facility. The company has based the predetermined overhead rate for the current year on the following data:
Total direct labor-hour | 60.000 | |||||
Total fixed overhead cost of production | $ | 378.000 | ||||
Variable production load per direct labor-hour | $ | 2.20 | ||||
Recently Job M843 has been completed with the following features:
Number of units in the job | 60 | |||||
Total direct labor-hour | 120 | |||||
Direct materials | $ | 630 | ||||
direct labor cost | $ | 2.400 | ||||
For job M843, find the unit cost of product.
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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