Please show the solution in good accounting form For the year ended December 31, 2020, UA Inc. incurred the following costs on Job Order 201 for manufacturing of 500 units: Original cost accumulation: Direct Materials 1 000 000 Direct Labor
Please show the solution in good accounting form For the year ended December 31, 2020, UA Inc. incurred the following costs on Job Order 201 for manufacturing of 500 units: Original cost accumulation: Direct Materials 1 000 000 Direct Labor
Chapter5: Process Costing
Section: Chapter Questions
Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...
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Please show the solution in good accounting form
For the year ended December 31, 2020, UA Inc. incurred the following costs on Job Order 201 for manufacturing of 500 units:
Original cost accumulation:
Direct Materials | 1 000 000 |
Direct Labor | 800 000 |
Factory overhead | 200 000 |
Direct cost of reworking 100 units:
Direct Materials | 200 000 |
Direct Labor | 400 000 |
1. What is the cost per unit of Job Order 201 if the rework costs were attributable to the exacting specification of Job Order 201?
a. 2,600
b. 2,500
c. 2,700
d. 2,200
2. What is the cost per unit of Job Order 201 of the rework costs were attributable to internal failure?
a. 2,500
b. 2,400
c. 2,000
d. 2,300
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