question archive Jezebel, Inc

Jezebel, Inc

Subject:AccountingPrice:2.87 Bought7

Jezebel, Inc. completed Job 12 and several other jobs in the last week. The cost details of Job 12 are shown below. Direct labor cost $770 Direct materials cost $100 Machine hours 66 hours Direct labor hours 17 hours Predetermined overhead allocation rate per machine hour $89 Number of units of finished product 26 units What is the cost per unit of finished product produced under Job? 12? (Round your answer to the nearest? cent.)

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Answer:

Direct materials 100
Add:Direct labor 770

Add:Overhead applied(Predetermined overhead rate*Actual machine hours)

=(89*66)

5874
Total cost $6744

Cost per unit=$6744/26

=$259.38(Approx)