Precision Parts Co. recently completed Job 218. The following data has been recorded on its job cost sheet: • • • • Direct materials = $47,000 Direct labor-hours (DLHs) = 1,100 DLHS Direct labor wage rate = $14 per DLH Predetermined overhead rate = $42 per DLH Number of units completed = 2,750 units Required: Calculate the unit product cost that would appear on the job cost sheet for this job.

Precision Parts Co. recently completed Job 218. The following data has been recorded on its job cost sheet: • • • • Direct materials = $47,000 Direct labor-hours (DLHs) = 1,100 DLHS Direct labor wage rate = $14 per DLH Predetermined overhead rate = $42 per DLH Number of units completed = 2,750 units Required: Calculate the unit product cost that would appear on the job cost sheet for this job.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 2PB: Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500...

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