Question: JOB Order Costing and Relative Value Units U2 Reference Lab must calculate the relative value and cost per procedure given that the total lab expense

JOB Order Costing and Relative Value Units U2 Reference Lab must calculate the relative value and cost per procedure given that the total lab expense is $943,241: Projected Procedure Volume Lab Expense A 3500 0.15 B 2200 0.20 C 4300 0.10 D 2900 0.05 E 2700 0.15 F 3550 0.25 G 2000 0.10 Part 1: Calculate the Relative Value Units Procedure A B C D E F G Part 2: Calculate total Relative Value Units Procedure A B C D E F G Part 3: Calculate the cost per procedure Procedure A B C D E F G

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