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
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 Direct labor cost Direct labor hours Units of product produced $6,580 $24,000 33 hours 200 What is the cost per unit of finished product of Job 13C? (Round your answer to the nearest cent.)
Step by Step Solution
There are 3 Steps involved in it
ANSWER To calculate the cost per unit of the finished product for Job ... View full answer
Get step-by-step solutions from verified subject matter experts
