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During May, ABC Corporation incurred the following costs on Job A for the manufacture of 2,000 motors (SEE PICTURE BELOW): The cost per unit of this job if the cost to rework was attributable to exacting specification? * Direct materials P42,000.00 80,000.00 Direct labor Factory overhead (150% of DL) 120,000.00 Total P242,000.00 Direct unit cost of reworking 100 units Direct materials per unit Direct labor per unit P20.00 50.00 Total P70.00 O A. P121.00 O B. P121.08 O C. P124.50 O D. P128.25

During May, ABC Corporation incurred the following costs on Job A for the manufacture of 2,000 motors (SEE PICTURE BELOW): The cost per unit of this job if the cost to rework was attributable to exacting specification? * Direct materials P42,000.00 80,000.00 Direct labor Factory overhead (150% of DL) 120,000.00 Total P242,000.00 Direct unit cost of reworking 100 units Direct materials per unit Direct labor per unit P20.00 50.00 Total P70.00 O A. P121.00 O B. P121.08 O C. P124.50 O D. P128.25

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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QUESTION 40

Cost Accounting
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During May, ABC Corporation incurred the following costs on Job A for the manufacture of 2,000 motors (SEE PICTURE BELOW): The cost per unit of this job if the cost to rework was attributable to exacting specification? * P42,000.00 80,000.00 Direct materials Direct labor Factory overhead (150% of DL) 120,000.00 Total P242,000.00 Direct unit cost of reworking 100 units Direct materials per unit P20.00 Direct labor per unit 50.00 Total P70.00 O A. P121.00 O B. P121.08 O C. P124.50 O D. P128.25
Transcribed Image Text:During May, ABC Corporation incurred the following costs on Job A for the manufacture of 2,000 motors (SEE PICTURE BELOW): The cost per unit of this job if the cost to rework was attributable to exacting specification? * P42,000.00 80,000.00 Direct materials Direct labor Factory overhead (150% of DL) 120,000.00 Total P242,000.00 Direct unit cost of reworking 100 units Direct materials per unit P20.00 Direct labor per unit 50.00 Total P70.00 O A. P121.00 O B. P121.08 O C. P124.50 O D. P128.25
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