1ainprogress=falseT.At the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information:JobDirect MaterialsDirect LaborMachine HoursJob No. 765$7,560$2,26827Job No. 76614,1934,48283Job 765 consisted of 162 units, and Job 766 consisted of 249 units.Assuming that the predetermined factory overhead rate is applied by using machine hours at a rate of $94 per hour.a. Determine the balance on the job cost sheets for each job.Dob 765Job 766b. Determine the cost per unit at the end of April. Round your answers to the nearest cent.Job 765Job 766PreviousNext9:08 PM35 F11/29/20212)%24%24%24%24

Name: 1ainprogress=falseT.At the end of April, Cavy Company had completed J
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Description: 1ainprogress=falseT.At the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information:JobDirect MaterialsDirect LaborMachine HoursJob No. 765$7,560$2,26827Job No. 76614,1934,48283Job 76

a) Given predetermined overhead rate per machine hour = $94 Job Direct materials Direct labor…

Answered: a. Determine the balance on the job…

Business

Accounting

a. Determine the balance on the job cost sheets for each job. Job 765 Job 766 b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. Job 765 Job 766

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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