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Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead $ 550 Materials Labor Overhead 710 1,065 Job Number Job 2 $ 690 816 1,224 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit?

Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead $ 550 Materials Labor Overhead 710 1,065 Job Number Job 2 $ 690 816 1,224 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit?

FINANCIAL ACCOUNTING
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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Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead Job Number Job 2 Materials Labor Overhead $ 550 718 1,065 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? $ 690 816 1,224 Complete this question by entering your answers in the tabs below. Total cost per unit Reg 1A Compute total cost per unit for Job 1 and for Job 2. Note: Round your answers to two decimal places Materials Labor Overhead Reg 18 Job Number Job 1 Materials Labor Overhead Job Number Job 21 Req 1A Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. $ 550 710 1,065 Job 1 Reg 2A $ 690 816 1,224 geq 18 Reg 20 Job 2 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Req 2A Which job has a higher total cost per unit? Which job has a higher total cost per unit? Reg 18 > Reg 28 Req1A Req2A >
Transcribed Image Text:Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead Job Number Job 2 Materials Labor Overhead $ 550 718 1,065 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? $ 690 816 1,224 Complete this question by entering your answers in the tabs below. Total cost per unit Reg 1A Compute total cost per unit for Job 1 and for Job 2. Note: Round your answers to two decimal places Materials Labor Overhead Reg 18 Job Number Job 1 Materials Labor Overhead Job Number Job 21 Req 1A Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. $ 550 710 1,065 Job 1 Reg 2A $ 690 816 1,224 geq 18 Reg 20 Job 2 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Req 2A Which job has a higher total cost per unit? Which job has a higher total cost per unit? Reg 18 > Reg 28 Req1A Req2A >
Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead Job Number Job 2 Materials Labor Overhead 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Req 1A $ 550 710 1,065 Complete this question by entering your answers in the tabs below. $ 690 816 1,224 Rey 2A Compute direct materials cost per unit for each job. Note: Round your answers to two decimal places. Direct materials cost per unit Materials Labor Overhead Req 18 Job Number Job 1 Materials Labor Overhead Job Number Job 2 Req 1A Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. $ 550 710 1,065 $ 698 816 1,224 Job 1 Reg 28 Req 18 Job 2 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Reg 15 Complete this question by entering your answers in the tabs below. Reg 2A Red 28 Which job has a higher direct materials cost per unit? Which job has a higher direct materials cost per unit? (11) <Req2A
Transcribed Image Text:Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. Job Number Job 1 Materials Labor Overhead Job Number Job 2 Materials Labor Overhead 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Req 1A $ 550 710 1,065 Complete this question by entering your answers in the tabs below. $ 690 816 1,224 Rey 2A Compute direct materials cost per unit for each job. Note: Round your answers to two decimal places. Direct materials cost per unit Materials Labor Overhead Req 18 Job Number Job 1 Materials Labor Overhead Job Number Job 2 Req 1A Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 300 units. $ 550 710 1,065 $ 698 816 1,224 Job 1 Reg 28 Req 18 Job 2 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Reg 15 Complete this question by entering your answers in the tabs below. Reg 2A Red 28 Which job has a higher direct materials cost per unit? Which job has a higher direct materials cost per unit? (11) <Req2A
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