Vega Technologies completed Job 110 with the following details: Direct materials: $6,000 Direct labor: $7,500 Total units in the job: 6 Markup on unit product cost: 60% What price per unit was charged to the customer?

Vega Technologies completed Job 110 with the following details: Direct materials: $6,000 Direct labor: $7,500 Total units in the job: 6 Markup on unit product cost: 60% What price per unit was charged to the customer?

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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Question

I am trying to find the accurate solution to this general accounting problem with appropriate explanations.

Vega Technologies completed Job 110 with the following details:
Direct materials: $6,000
Direct labor: $7,500
Total units in the job: 6
Markup on unit product cost: 60%
What price per unit was charged to the customer?

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