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
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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