engageNOWv2 | Online teachin X +_com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress.... AEAt the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information:JobDirect Materials Direct Labor Machine HoursJob No. 765$8,40030$2,5204,698Job No. 76614,87787Job 765 consisted of 180 units, and Job 766 consisted of 261 units.Assuming that the predetermined factory overhead rate is applied by using machine hours at a rate of $95 per hour.a. Determine the balance on the job cost sheets for each job.Job 765Job 766b. Determine the cost per unit at the end of April. Round your answers to the nearest cent.Job 765Job 766a118D-F10PreviousNext >D

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Description: engageNOWv2 | Online teachin X +_com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress.... AEAt the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the follo

A) balance of job cost sheet Job no. 765- $13770 Job no. 766- $27840 B) cost per unit-…

Business

Accounting

At the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job No. 765 $8,400 $2,520 30 Job No. 766 14,877 4,698 87 Job 765 consisted of 180 units, and Job 766 consisted of 261 units. Assuming that the predetermined factory overhead rate is applied by using machine hours at a rate of $95 per hour. 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

At the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job No. 765 $8,400 $2,520 30 Job No. 766 14,877 4,698 87 Job 765 consisted of 180 units, and Job 766 consisted of 261 units. Assuming that the predetermined factory overhead rate is applied by using machine hours at a rate of $95 per hour. 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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